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Ohtari 



statistical 
yearbook 

1988 







*>"" 



Ontario Hydro 
Statistical Yearbook 

Supplement to the 

Eighty-first Annual Report 

for the year 1988 



RECEIVED 
JAN 1 ! 13B9 

ONTARIO ENERGY BUARD 
LIBRARY 



ISSN 0382-2834 



700 University Avenue 
Toronto, Ontario M5G 1X6 



TABLE OF CONTENTS 
THE CORPORATION 1 



OPERATIONS 3 

Providing Power and Energy 3 

Hydraulic Generation 5 

Fossil-Fuelled Generation 5 

Nuclear Generation 5 

Nuclear Safety 7 

Energy Management 7 

New Business Ventures 8 

Non-Utility Generation 9 



PLANNING AND CONSTRUCTION 9 

Planning Strategy 9 

Generation Projects 10 

Transmission Projects 10 

Other Energy Options 11 



ENVIRONMENT 11 

SUPPLY 12 

RESEARCH 12 

EMPLOYMENT EQUITY 13 



APPENDIX I— OPERATIONS 14 

Energy Made Available by Ontario Hydro 15 

In-Service Dependable Capacity 

and Primary Demand 15 

Ontario Hydro's Total Resources 16 

Analysis of Energy Sales 18 

Number of Ultimate Customers Served 20 

Transmission Lines and Circuits 20 

Distribution Lines 20 



APPENDIX II— FINANCE 21 

Financial Review of Ontario Hydro 22 

Management's Responsibility for 

Financial Reporting 30 

Auditors' Report 31 

Summary of Significant Accounting Policies 32 

Statement of Operations 39 

Statement of Financial Position 40 

Statement of Accumulated Debt Retirement Appropriations .... 42 
Statement of Reserve for Stabilization of 

Rates and Contingencies 42 

Statement of Source of Cash Used for 

Investment in Fixed Assets 43 

Notes to Financial Statements 44 

Five- Year Summary of Financial and Operating Statistics 53 

Fixed Assets 56 

Accumulated Depreciation 58 

Details of Bonds and Notes Payable 59 

Summary of the Allocation of the Amounts 

Charged for Primary Power 63 

Statement of the Amounts Charged for 

Primary Power to Municipalities 66 

Statement of Equities Accumulated by 

Municipalities Through Debt Retirement 

Appropriations 82 



APPENDIX III— POWER DISTRICT 90 

Retail Customers 90 

Direct Customers 92 

Primary Line, Number of Retail Customers 93 

Electricity Sales, Revenue, and Customers 95 



SUPPLEMENT— MUNICIPAL ELECTRIC SERVICE 97 

Municipal Utility Electricity Sales, Revenue and 

Customers 99 

Financial Statements of the Municipal 

Electrical Utilities 102 

Municipal Utility Electricity Sales, Revenue and 

Customers 232 



INDEX 250 



Ontario Hydro 
Statistical Yearbook 



Supplement to the Eighty-first Annual Report 



THE CORPORATION 

Ontario Hydro's prime objective is to supply the people of Ontario with elec- 
tricity at cost while maintaining high standards of safety and service. To that 
end, it operates 80 hydraulic, fossil and nuclear generating stations and an ex- 
tensive power grid across Ontario to meet the province's demands for electric 
energy. 

Ontario Hydro is a financially self-sustaining corporation without share 
capital created in 1906 by a special statute of the Province of Ontario. Bonds 
and notes issued to the public by the Corporation are guaranteed by the prov- 
ince. 

Under the authority of the Power Corporation Act, Ontario Hydro has 
broad powers to generate, supply and deliver electricity throughout the prov- 
ince. It is also authorized to produce and sell steam and hot water as primary 
products. In addition, Ontario Hydro exercises specific regulatory functions 
over municipal utilities as well as the approval and inspection functions for 
electrical equipment (in conjunction with the Canadian Standards Associa- 
tion) and electrical wiring installations throughout the province. 

Ontario Hydro sells wholesale electric power to municipal utilities in urban 
areas which, in turn, retail to customers in their service areas. Ontario Hydro 
also serves directly more than 100 large industrial customers and 863,049 ru- 
ral retail customers in areas or communities not served by municipal utilities. 
In 1988, 3,455,975 customers were served by Ontario Hydro and the munici- 
pal utilities in the province. 

The business and affairs of Ontario Hydro are directed and controlled by a 
board of directors made up of a chairman, vice-chairman, a president, and 
not more than 10 other directors. All members of the Board, who represent a 
broad spectrum of Ontario society, are appointed by the Lieutenant Gover- 
nor in Council of the province except the president who is a full-time em- 
ployee of the Corporation appointed by the Board. 



2 The Corporation 

To assist the Board in directing the Corporation's affairs there are six 
Committees of the Board: Finance, Audit, Management Resources, Social 
Responsibility, Technical Advisory, and Pension and Insurance. All the com- 
mittees review and make recommendations to the Board on matters within 
their terms of reference. 

Ontario Hydro's head office is located at 700 University Avenue, Toronto, 
Ontario. For administrative and operational purposes, six regional and 48 
area offices are maintained throughout the province. 



STATISTICAL 

1988 1987 

In-service dependable peak capacity, December thousand kW 28,224 27,414 

Primary peak demand, December thousand kW 23,012 20,524 

Annual energy generated and received (1) million kW.h 139,413 132,970 

Primary energy demand million kW.h 134,395 126,455 

Secondary sales million kW.h 5,018 6,515 

Annual energy sold by Ontario Hydro (2) million kW.h 131,752 125,626 

Primary revenue of Ontario Hydro million $ 5,657 5,0 

Fixed assets at cost million $ 36,264 33,567 

Gross expenditure on fixed assets in year million $ 2,789 2,609 

Total assets, less accumulated depreciation million $ 34,358 32,657 

Long-term liabilities and notes payable million $ 26,405 25,566 

Transmission line (circuit length) kilometres 27,591 27,329 

Distribution line (3) kilometres 104,771 103,703 

Average number of employees in year 32,473 32,147 

Number of associated municipal electrical utilities 316 316 

Ultimate customers served by Ont. Hydro and municipal 

utilities thousands 3,456 3,351 

(1) Excludes circulating energy flows. 

(2) Excludes transmission losses, internal primary loads (construction projects and heavy water 
plant). 

(3) Transmission lines under 50 kV classified distribution beginning in 1980. 



Providing Power and Energy 3 

OPERATIONS 

Providing Power and Energy 

In 1988, Ontario Hydro continued to meet record demands for electricity. A 
total of 139 billion kilowatt-hours of electricity was delivered to primary and 
secondary customers. Primary demand rose to 134.4 billion kilowatt-hours, 6 
per cent higher than the 1987 demand and 3.6 per cent higher than forecast 
approved in December, 1987. Ontario Hydro also sold 5 billion kilowatt- 
hours of electricity to utilities outside Ontario, chiefly in the United States. 
These exports continued to benefit Ontario power consumers by generating 
net revenues of $45 million. 

The 1988 annual peak demand was a record 23.0 million kilowatts, 12.1 per 
cent higher than the 1987 peak, brought on by very cold temperatures during 
December. 



SUMMARY 1988-1978 



1986 


1985 


1984 


1983 


1982 


1981 


1980 


1979 


1978 


26,918 


24,291 


22,613 


21,486 


21,872 


22,617 


22,561 


22,664 


22,845 


20,609 


20,473 


18,052 


18,792 


16,872 


16,600 


16,808 


16,365 


15,722 


126,620 


124,614 


122,920 


117,971 


111,589 


112,722 


110,901 


109,789 


105,766 


120,574 


116,049 


112,293 


106,071 


100,836 


101,659 


100,174 


98,127 


95,373 


6,046 


8,565 


10,627 


11,900 


10,753 


11,063 


10,727 


11,662 


10,393 


119,501 


117,834 


116,590 


111,673 


105,758 


107,339 


104,994 


103,778 


99,379 


4,605 


4,274 


3,783 


3,357 


2,969 


2,737 


2,458 


2,222 


1,979 


31,049 


28,763 


26,216 


23,554 


20,786 


18,235 


16,073 


14,776 


13,200 


2,603 


2,617 


2,719 


2,847 


3,006 


2,207 


1,369 


1,659 


1,694 


31,357 


29,320 


27,301 


23,194 


20,721 


17,830 


15,593 


14,514 


13,163 


24,825 


23,148 


21,555 


18,266 


16,443 


14,197 


12,520 


11,536 


10,424 


27,111 


27,105 


27,022 


27,030 


26,875 


26,596 


26,476 


39,485 


40,103 


102,740 


103,003 


102,128 


101,769 


101,562 


101,211 


101,601 


90,157 


90,559 


32,405 


31,166 


29,613 


31,233 


32,654 


30,850 


28,902 


28,385 


27,850 


316 


316 


319 


320 


324 


324 


324 


332 


334 


3,252 


3,172 


3,105 


3,051 


3,004 


2,967 


2,927 


2,878 


2,833 



4 Operations 

Ontario Hydro produces electricity from three major sources: hydraulic, 
fossil-fuelled, and nuclear. In 1988, hydraulic generation supplied 25.2 per 
cent, fossil-fuelled generation supplied 24.9 per cent, and nuclear generation 
48.4 per cent of the electricity required to meet customer demand. 

The remaining 1.5 per cent of Ontario power requirements were met 
through purchases from other utilities, mainly Hydro-Quebec and Manitoba 
Hydro. 



Energy Made Available 



1 I Nuclear 

\X\1 Fossil 

1 | Hydraulic 




Millions kW.h 
140,000 

120,000 

100,000 

80,000 



60,000 



40,000 



20,000 



1978 1980 1982 1984 1986 1988 



Hydraulic Generation 5 

Hydraulic Generation 

Ontario Hydro is making a concerted effort to assure uniform and consistent 
dam repair across the Province by using the latest seismic assessment meth- 
ods. 

A final design review of concrete structures on the Madawaska River sys- 
tem in Eastern Ontario was completed in 1988 along with a preliminary as- 
sessment of concrete dams on the Wanapitei flowing into Georgian Bay and 
the Mississagi flowing into Lake Huron. Ontario Hydro completed construc- 
tion of Cedars Channels dam on the Albany River and continued construc- 
tion of the north channel dam at Crystal Falls on the Sturgeon River. 

Fossil-Fuelled Generation 

The reduction of acid gas emissions from coal-fuelled stations continues to be 
a priority. The other major challenge will be restoring and maintaining the 
aging fossil plants to ensure and extend their service lives at a high standard 
of reliability. The Lambton Station faces rehabilitation with retrofitting of 
"scrubbers". The Lakeview plant is nearing the end of its designed lifetime. 
The possibility of rehabilitation, which could add 10 years to its lifetime, in- 
crease efficiency and reliability, and defer its replacement, is being evaluated. 

FUEL CONSUMED TO PRODUCE ELECTRICITY 



Percentage 

Kind of Fuel Consumed in Year Change 

1988 1987 in 1988 

Uranium (megagrams) 1,160.5 1,121.9 +3.4 

Coal (megagrams) 13,078,283 12,003,708 +9.0 

Ignition and Combustion Turbine Oil 

(cubic metres) 46,543 36,022 +29.2 

Residual Oil (cubic metres) 122,018 6,634 +1,739.3 



Nuclear Generation 

The production performance of Hydro CANDU units has been excellent 
with the overall 1988 and lifetime capacity factors exceeding those of any 
other type of nuclear reactor. In 1988, in terms of individual nuclear unit life- 
time capacity factors, 9 of the 16 Ontario Hydro units are among the top 25 
units over 500 megawatts in the world. 

At Pickering Nuclear Generating Station A, staff completed retubing of 
unit 2 and returned the unit to service in November, in time to meet custom- 



6 Operations 

ers' high needs over the winter months. Retubing was necessary because 
studies following the rupture of a pressure tube in 1983 indicated further rup- 
tures were possible. With the shutdown for retubing, an additional safety sys- 
tem that meets Atomic Energy Control Board (AECB) requirements was 
installed. Studies are also in progress at Pickering for increasing the output of 
the whole station by 5 per cent, without any major system changes. 

During 1988, Hydro's Board of Directors approved the retubing of units 3 
and 4 at Pickering A. This is a major project, dedicated to getting highest 
value and longest life out of existing facilities. 

In 1988 a Government-appointed panel of international nuclear experts 
completed a major review of nuclear costs as part of the provincial Nuclear 
Cost Review. Their report was issued early in 1989. 



In-Service Dependable Peak Capacity 



Purchases 
Nuclear 



J Fossil 



kXXI Hydraulic 




Thousand kW 
• 32,000 



28,000 



24,000 



20,000 



16,000 



12,000 



8,000 



4,000 



1978 1980 1982 1984 1986 1988 



Nuclear Safety 7 

Nuclear Safety 

The safe operation of nuclear stations is of paramount importance. The Hare 
Commission on Nuclear Safety concluded that Ontario Hydro nuclear sta- 
tions are being operated safely and at a high standard of technical perfor- 
mance. However, the report did suggest some areas for improvement and 
Hydro is pursuing those recommendations. 

A new nuclear training simulator was installed, commissioned and tested at 
the Darlington Nuclear Generating Station. Crucial for nuclear safety, the si- 
mulator allows Hydro nuclear operators to go through their paces before the 
first Darlington unit goes into service. 

In all nuclear operations, after 143 million hours worked from 1955 
through 1988, there has never been a fatality in the operation and mainte- 
nance of a nuclear facility and no employee has ever received a detectable in- 
jury because of radiation. There has never been a serious radiation exposure. 
There has never been an acute release of radioactivity that resulted in a mea- 
surable dose to a member of the public. Emission of radioactivity from our 
CANDU stations have typically been less than 1 per cent of the regulated 
limits. 

Energy Management 

It is important that Ontario Hydro consult with its customers so it can better 
advise them how to manage their energy needs in the decade ahead. To 
reflect this emphasis, the Marketing Branch was renamed the Energy Man- 
agement Branch in 1988, with the vice-president reporting directly to the 
President. 

The Energy Management Branch shows customers how they can save elec- 
tricity and money by using electricity more wisely, as well as how new elec- 
tro-technologies can contribute to productivity, quality, and a better 
environment. Our approach to increasing the efficiency of the electrical en- 
ergy system falls into three basic areas. 

• Information-Based Conservation — Customers tell us that they are in- 
terested in energy savings tips — from advice on residential weather 
stripping or insulation to energy efficient commercial lighting or indus- 
trial motors. By providing printed information, trade-shows, home en- 
ergy audits and billing analysis, Ontario Hydro will help its customers 
use electricity more efficiently. A positive response will result in savings 
of about 1,500 megawatts over the next decade. In 1988, Hydro ex- 
panded special information days for industrial customers. 



8 Operations 

• Conservation Incentives — The second area, incentive-driven conserva- 
tion and efficiency improvements, takes a more active approach, requir- 
ing utility leadership and customer participation. A number of programs 
have been launched in 1988 toward saving 2,000 megawatts by the year 
2000. The programs range from incentives to use high efficiency electric 
motors to installing energy monitoring systems in 12 representative in- 
dustries. Other programs launched in 1988 include more efficient street- 
lighting, and promoting energy efficiency in the design of new buildings. 

• Lower Price for Time of Use — The third way to get the most from our 
resources is load shifting. Many large power users are willing and able to 
shift some of their energy-intensive workload to off-peak hours. Some 
customers, for example, can shift high energy processes to the nighttime, 
when rates are lower. This reduces the high demand during the day, and 
results in cost savings that can be passed on to our customers. An exam- 
ple is the thermal cool storage system, in which water is chilled at night 
and used during the day for air-conditioning in commercial buildings. 
Eighty-seven municipal utilities will begin using time-of-use rates for the 
first time in 1989. 

The target for load shifting is 1 ,000 megawatts by the year 2000. Combined 
with the targets for information and incentive-based conservation, that 
makes a total of 4,500 megawatts of power that won't have to be produced by 
Ontario Hydro generating stations. 

Energy management is a megaproject in itself, but will cost significantly 
less than a new generating station. Deferring the need to expand our genera- 
tion system through conservation will also lower the environmental impact of 
our operations. 

New Business Ventures 

New Business Ventures Division (NBV) marked its fifth year of operation in 
1988. Set up to market internationally Hydro's technology and expertise, 
NBV has had five consecutive years of financial growth in profitability and 
professional development of Hydro employees. NBV continued in 1988 to 
provide training and utility expertise in Egypt, Hungary, Pakistan, and sev- 
eral other countries. 154 people came to Hydro from utilities all around the 
world for training. 

Other activities in 1988 included a contract with the Canadian Interna- 
tional Development Agency (CIDA) to help with the restoration of Jamai- 
ca's transmission system after the September hurricane. 

NBV welcomed the third company to locate at the Bruce Energy Centre, 
Sunroot Energy Corporation. The sale of Cobalt 60, produced by our nuclear 



Non-Utility Generation 9 

reactors, to the worldwide medical community for the treatment of cancer, 
and sales of heavy water and deuterium gas continue to be a mainstay of the 
NBV operation. 

Non-Utility Generation 

In 1988 Ontario Hydro established the Non-Utility Generation (NUG) Divi- 
sion, which is responsible for nurturing independent generation of electricity 
across the Province. 

Independent generation has always played a role in helping Hydro meet 
the energy needs of Ontario. With the establishment of a division dedicated 
to this cause, Hydro expects to play a greater role in the growth of an impor- 
tant industry. 

For Hydro, every source of independent generation means deferring the 
need to build new facilities. For the independent generator, Hydro acts as a 
catalyst in arranging financing and buying back surplus power. 

Ontario Hydro is looking at more than 100 proposals for new projects. By 
June of 1988, Hydro had facilitated operation of 22 projects which were pro- 
ducing 25 megawatts of power. 

Across the Province, there are existing projects currently generating over 
1 ,000 megawatts of power, or about 5 per cent of our needs. 

PLANNING AND CONSTRUCTION 

Planning Strategy 

At the end of 1987, Hydro submitted its Demand/Supply Planning Strategy to 
the Ontario Government. It guides Hydro's planning for tomorrow's electri- 
cal energy system to the turn of the century. The strategy was reviewed dur- 
ing 1988 by the Select Committee on Energy of the Ontario Legislature, 
which gave the Corporation an opportunity to present its understanding of 
what Ontarians expect. Ontario Hydro must deal with social, economic and 
environmental factors, as well as technical considerations, in making deci- 
sions. 

Ontario Hydro is trying to maximize gain by influencing the way its cus- 
tomers use electricity, and by making electricity do more for the dollar in de- 
mand management programs that will play a major role for Ontario in the 
1990's and beyond. Hydro has set a target of 4,500 megawatts — equal to the 
electricity needs of Metropolitan Toronto — to be achieved through demand 
management and energy efficiency measures by the year 2000. 



10 

Generation Projects 



Operations 



Construction continued at the Darlington Nuclear Generating Station, where 
the first unit is expected to go into service in 1989, and the last of the four 
units in 1992. Darlington's eventual output of 3,524 megawatts will be 
enough power to meet the needs of most of Metropolitan Toronto. 

Construction of the Tritium Removal Facility within the Darlington com- 
plex was completed in 1988. The process of isolating and extracting tritium 
from tritiated heavy water reduces radioactivity and makes the environment 
safer for nuclear station employees. In September, the AECB issued a li- 
cense permitting transport of tritiated heavy water from the Pickering plant 
to the Darlington plant. Hydro has not yet decided on the issue of selling tri- 
tium, which has a high commercial value in manufactured goods such as self- 
illuminated signs and in medical research. While any revenues would help re- 
duce the overall cost of power to customers, Ontario Hydro recognizes public 
concerns about such sales since tritium is also a component in nuclear arms. 

POWER DEVELOPMENT PROJECTS UNDER CONSTRUCTION 
as at December 31, 1988 





Units 


Installation 
Schedule 


Installed Capacity 


Development 


Number 


Type 


Installed 


Under 
Construction 


Darlington — Lake Ontario 
near Newcastle 


4 TN 


1989-90-91-92 


kW 


kW 

3,600,000 



TN — Thermal-electric nuclear 



Transmission Projects 

In 1987 Ontario Hydro began construction of two high capacity lines, one 
from the Bruce Nuclear Power Development to London, and the other from 
London to Nanticoke Generating Station. 

By November, on the first Kingston-to-Ottawa transmission line, Hydro 
was able to transmit power at 230 kilovolts to meet growing needs in the Ot- 
tawa area. Special construction techniques and winter scheduling arrange- 
ments deferred to recreation and tourism in the Jones Falls and Stony Swamp 
area. 

Hydro began to work on the Longwood Transformer Station near London, 
a high capacity terminal point for lines from the Bruce and Nanticoke Gener- 
ating Stations. Hydro also has projects in Ottawa, in Scarborough, and near 
Hamilton. 



Other Energy Options 11 

Other Energy Options 

Ontario Hydro was involved in a number of alternative energy projects in 
1988. Ontario Hydro demonstrated that it could burn grain waste at the 
Thunder Bay Generating Station, reducing waste for the community and con- 
tributing 5 per cent of the plant's heat energy. 

A 60 kilowatt wind turbine at Fort Severn in the remote north entered its 
second year of trial operation. Working in tandem with a diesel generating 
station, it reduces the use of expensive diesel fuel and lowers the cost of 
power to customers in the community. 

Another remote community, Big Trout Lake, had a second year of success 
with a 10 kilowatt photovoltaic system, which converts solar energy into elec- 
tricity. While operating virtually maintenance-free, widespread use of solar is 
not economically viable yet. 

Fusion technology has tremendous potential because it is safe and has min- 
imal impact on the environment. In 1988, Canada joined the European com- 
munity, Japan, the USSR, and the United States to collaborate on a major 
fusion project. The Canadian team is managed by Ontario Hydro in partner- 
ship with Atomic Energy of Canada Limited and the Government of 
Ontario. Hydro staff members in West Germany are contributing significant 
expertise in the design of fuelling systems, safety systems, and maintenance 
approaches. 

ENVIRONMENT 

Ontario Hydro established an Environment Division in 1988. It is responsible 
for environmental initiatives, for coordinating and integrating all environ- 
mental activities and for communicating to employees and the public how 
Hydro is committed to environmental management. 

1988 saw several environmental initiatives by Hydro. Plans were com- 
pleted to reduce acid gas emissions to the 1994 target levels, with annual tar- 
gets for meeting the goal. These were presented to the Provincial 
Government in January 1989. 

The emphasis in the fossil plants is on acid gas emission reductions. There 
are three strategies. The first is to reduce use of coal by maximizing hydraulic 
and nuclear generation. Second is to use a lower sulphur coal. Thus Hydro 
has developed a flue-gas conditioning system at Lambton and Nanticoke. 
This modification will allow these plants to burn lower sulphur coal than they 
were originally designed to burn. Third, when we have to burn higher sul- 
phur coal, we will "scrub" the emissions. Hydro has submitted an Environ- 
mental Assessment that covers a variety of acid gas control processes (for 4 
different kinds of "scrubbers"), as well as the potential locations, at Lambton 
and Nanticoke Generating Stations. 



12 Operations 

There is also a five-year program to decontaminate most lower-level PCB- 
contained oil now in storage through a process developed by Ontario Hydro. 
In the longer term, Hydro will convert in an orderly way to PCB-free equip- 
ment. 

Hydro also announced that it will eliminate all spraying of herbicides on 
brush under power lines along roadsides and near residential lots; and cut 
back total use of herbicides by 35 per cent. Hydro researchers are also look- 
ing at new cutting techniques and other mechanical brush control methods 
for further reduction. 

In 1988 Ontario Hydro updated and promoted its tree-replanting program 
as compensation for tree trimming on private property. Under the program, 
customers receive replacements for any trees that have to be cut down be- 
cause they interfere with a power line. The customer is consulted before any 
removal takes place. 

SUPPLY 

Throughout 1988 Hydro's purchases increased significantly from the previous 
year. 

During the year, 117,463 contracts were awarded, an increase of 19 per 
cent from 1987, while the total value of awards was $1.2 billion, an increase 
of 44 per cent from 1987. 

As in previous years, the great majority of new business was awarded to 
Canadian suppliers. Canadian content of awards was 83 per cent in 1988, the 
same as in 1987. Of the total dollars awarded in Canada in 1988, 88 per cent 
was awarded in Ontario. 

RESEARCH 

Tests, evaluations and demonstrations of energy efficiency were carried out 
for more than 60 Ontario companies and industrial customers. The evalua- 
tions, which ranged from welding jewelry with lasers to treating waste with 
microwaves, help customers reduce production costs or lower their demand 
for power. In the residential sector, a survey of 1000 homes was started to de- 
termine potential energy savings on older homes, energy efficient appliances, 
and high-tech window designs. 

Research is also committed to the rehabilitation of aging plant. On the en- 
vironmental side, the division continues to investigate options for controlling 
acid gas emissions, while pursuing pioneering work on the "greenhouse ef- 
fect". Research has also provided technical support to the Dam Assessment 
Program. 



Employment Equity 13 

EMPLOYMENT EQUITY 

Hydro is moving toward employment equity for women, visible minorities , 
the disabled, and native people. In 1988, a training package "Selection With- 
out Bias" became the standard selection tool for all supervisors. 

Women are gradually entering non- traditional fields. One of the big suc x 
cesses for 1988 is the all-woman line-crew. Hundreds of women applied and 
Hydro now has a team of four doing a job that is traditionally difficult for 
men. Hydro found that women in this job had to develop new ways of work- 
ing safely and efficiently within their physical restrictions. These new more 
efficient methods are now used by male crews too. 

In 1988, planning for the massive Employment Equity survey went into ac- 
tion. Hydro is embarking upon a data-gathering survey of all employees to 
determine the representation of designated groups, an essential first step to- 
ward employment equity. 



14 Appendix I — Operations 

APPENDIX I — OPERATIONS 

The analysis of energy made available by Ontario Hydro on page 15 shows 
for the total system, the energy obtained from each major source in 1987 and 
1988 and the related percentage changes in 1988. The table also shows the 
primary and secondary energy supplied in each year together with the per- 
centage changes in 1988. 

The table of In-Service Dependable Capacity and Primary Demand on 
page 15 shows the primary peak demand for the month of December and the 
in-service dependable peak capacity of resources at that time. A separate ta- 
ble on pages 16 and 17 gives the in-service dependable peak capacity of major 
Ontario Hydro generating stations and contract firm power purchases at the 
time of the December system peak. Any comparison of total primary peak 
demand and resources should make allowance for the part of total primary 
demand that may be interrupted under contracts accepted by the customer. 
In 1988 this interruptible load over the December peak was approximately 
460 megawatts. 

The in-service dependable peak capacity of a hydraulic generating station 
is the estimated output that an analysis of stream-flow conditions indicates 
the station is capable of producing 98 percent of the time. It can be expected 
to exceed this output in 49 out of 50 years. Since the stations so rated are dis- 
tributed on many widely separated watersheds and since all would not be 
simultaneously affected by stream flows, the amount by which the total hy- 
dro-electric generating capacity of the system exceeds the sum of the various 
station capacities represents the diversity in stream flow within the system. 

The in-service dependable peak capacity of a thermal generating station is 
the net peaking capacity of its fully commissioned units minus capacity which 
is mothb ailed or frozen. 



Power Resources and Requirements 
ENERGY MADE AVAILABLE BY ONTARIO HYDRO 



15 



TOTAL SYSTEM 

Generation — Nuclear 

— Fossil 

— Hydraulic 

Total Generation 

Purchases and Net Other Interchange (1) 
Total Resources Generated and Received 

Primary Demand 

Secondary Sales 



1988 



MW.h 

67,552,078 
34,708,332 
35,087,359 

137,347,769 

2,065,485 

139,413,254 

134,394,697 

5,018,557 



1987 



MW.h 

63,116,033 
31,730,911 
31,610,605 

126,457,549 

6,512,600 

132,970,149 

126,455,099 

6,515,050 



Increase 

or 
Decrease 



6.7 

9.1 

10.7 

8.3 

(68.4) 

4.6 

6.0 

(23.2) 



IN-SERVICE DEPENDABLE CAPACITY AND PRIMARY DEMAND 
DECEMBER PEAK 1988 AND 1987 





1988 


1987 


Net Increase 


TOTAL SYSTEM 


MW 


MW 


MW 


% 


In-Service Dependable Capacity 










Generation — Nuclear 

— Fossil 

— Hydraulic 


10,584.0 

11,091.5 

6,548.4 


10,526.0 

10,343.5 

6,544.0 


58.0 

748.0 

4.4 


0.6 

7.2 
0.1 


Total Generation 


28,223.9 


27,413.5 


810.4 


3.0 


Firm Purchases 


0.0 
28,223.9 


0.0 

27,413.5 


0.0 
810.4 


0.0 


Total Resources 


3.0 


Reserve or Deficiency 


5,211.9 


6,889.5 


(1,677.6) 


(24.4) 


Primary Peak Demand 


23,012.0 


20,524.0 


2,488.0 


12.1 


Ratio of Reserve or 
Deficiency to Primary Demand (%) 


22.6 


33.6 







The capacities shown are those available for a 20-minute period at the time of the System Primary Peak 
Demand in December, the capacity of the purchased power sources being based on the terms of the 
purchased contract. The Primary Peak Demand shown is the maximum peak for December. Some part 
of the System Primary Demand is subject to interruption in accordance with contract terms accepted by 
the customer. The total load subject to such interruptions at the time of the December peak is 460 
MW. 



16 



Appendix I — Operations 
ONTARIO HYDRO'S TOTAL RESOURCES — 1988 



Location 

Kincardine 

Pickering 

Rolphton 



Atikokan 

Windsor 

Toronto 

Mississauga 

Courtright 

Kingston 

Nanticoke 

Thunder Bay 



River 

Niagara 

Welland Canal 



St. Lawrence 
Ottawa 



Madawaska 



Nuclear Generating Stations 

Bruce 

Pickering 

Nuclear Power Demonstration 

Total Nuclear Generation 

Fossil Generating Stations 

Atikokan 

Keith 

Richard L. Hearn 

Lakeview 

Lambton 

Lennox 

Nanticoke 

Thunder Bay 

Combustion Turbine and Diesel-Electric 

Total Fossil Generation 



Hydraulic Generating Stations 

Sir Adam Beck-Niagara No. 1 

Sir Adam Beck-Niagara No. 2 

Pumping-Generating Station 

Ontario Power 

Toronto Power 

DeCew Falls No. 1 

DeCew Falls No. 2 

Adjustment to Niagara River Stations to 
compensate for use of water by Ontario Hydro 
rather than by another producer 

Robert H. Saunders 

Des Joachims 

Otto Holden 

Chenaux 

Chats Falls (Ontario half) 

Mountain Chute 

Barrett Chute 

Stewartville 

Arnprior 



In-Service 

Dependable 

Capacity 

MW(3) 



6,460.0 

4,124.0 

0.0 



10,584.0 



Annual 

Energy 

Output (Net) 

MW.h 



39,089,729 

28,465,226 

(2,877) 



67,552,078 



215.0 


1,306,392 


0.0 


(2,438) 


0.0 


(23,001) 


2,286.0 


4,513,447 


2,010.0 


8,667,305 


1,674.0 


365,787 


4,336.0 


17,882,009 


320.0 


1,979,199 


250.5 


19,632 


11,091.5 


34,708,332 



448.0 


2,539,783 


1,324.0 


9,448,132 


125.0 


(138,576) 


28.0 


240,094 




(812) 


31.0 


74,441 


132.0 


1,140,016 


(75.0) 




707.0 


6,527,758 


419.0 


2,519,964 


217.0 


1,296,425 


113.0 


748,368 


86.0 


559,850 


165.0 


268,309 


172.0 


260,808 


166.0 


262,849 


78.0 


127,461 



Power Resources 
ONTARIO HYDRO'S TOTAL RESOURCES — 1988 



17 



Abitibi 
Mississagi 

Mattagami 

Montreal 
Nipigon 

English 

Kaministikwia 
Winnipeg 
Aguasabon 
Various 



Abitibi Canyon . . . 

Otter Rapids 

Aubrey Falls 
George W. Rayner 

Wells 

Red Rock Falls . . . 

Kipling 

Little Long 

Harmon 



Lower Notch , 
Pine Portage . . 
Cameron Falls 
Alexander . . , 
Caribou Falls 
Manitou Falls . 



(1) 



Silver Falls 

Whitedog Falls 

Aguasabon 

Other Hydraulic Generating Stations . 
Adjustment for Diversity-Total System 

Total Hydraulic Generation 

Total Generation 



Purchases and Other Interchange 

Firm Purchases 
(4) -Hydro Quebec 

-Manitoba Hydro 

Total Firm 

Non-Firm Purchases 

-Ontario 

-Hydro Quebec 

-Manitoba Hydro 

-USA 

Total Secondary 

(2) Other Net Interchange (Net) . 

Total Receipts 

Total Generated and Received 



In-Service 


Annual 


Dependable 


Energy 


Capacity 


Output (Net) 


MW(3) 


MW.h 


294.0 


1,514,281 


177.0 


856,661 


158.0 


165,124 


46.0 


33,450 


229.0 


405,584 


40.0 


200,980 


142.0 


699,601 


125.0 


525,825 


129.0 


643,253 


254.0 


520,095 


112.4 


637,423 


75.8 


443,265 


62.4 


367,201 


80.3 


317,736 


59.5 


252,916 


45.7 


96,877 


59.3 


257,501 


45.0 


343,569 


169.8 


931,147 


108.2 




6,548.4 


35,087,359 


28,223.9 


137,347,769 


0.0 





0.0 





0.0 







169,979 




1,271,697 




440,766 




256,615 





2,139,057 




(73,572) 


0.0 


2,065,485 


28,223.9 


139,413,254 



(1) Adjustment to reconcile the sum of plant capacities with the calculated capacity of the system. 

(2) Net scheduled interconnection transactions of other than purchases and sales. These include electri- 
cal energy exchanges, carrier transfers, water use adjustments, generating unit rentals. 

(3) Installed dependable capacity peak at the time of the December peak minus capacity which is fro- 
zen or mothballed. 

(4) Contract with Hydro-Quebec provides for delivery of energy only. 



18 



Appendix I — Operations 



ANALYSIS OF 
by Ontario Hydro, Associated Municipal Electrical 



Sales by Associated 

Municipal Electrical 

Utilities and to 

* Distributing 

Companies 



Ultimate Use: 
Residential Service: 

Continuous Occupancy 

Intermittent Occupancy 

Total Sales Residential 

General (under 5,000 kW) 

Primary 

Secondary 

General (over 5,000 kW) 

Primary 

Secondary 

Farm 

Street Lighting 

*Distributing Companies 

Total Energy Sales 

Adjustments: 

Distribution Losses & Unaccounted for 

Generated by MEU 

Purchased by MEU from sources 
other than Ontario Hydro 

Ontario Hydro Bulk Energy Sales 

Supplied to Heavy Water Plant and 

Construction Projects-Ontario Hydro 

Transmission Losses & Unaccounted for-O.H 
Generated and Received by Ontario Hydro . . 

* Formerly Direct Customers 



kW.h 



671,707,457 
1,197,611,503 



3,480,242,451 
(224,687,395) 

(78,374,503) 



89,606,922,171 



% 



24,754,756,140 28.6 



24,754,756,140 28.6 



47,817,823,418 55.3 



11,987,843,100 13.9 



0.8 
1.4 



86,429,741,618 100.0 



Analysis of Energy Sales 

ENERGY SALES 

Utilities and to Distributing Companies During 1988 



19 



Sales by Ontario Hydro 
Power District 


Total 




Retail Customers 


Direct Customers 




kW.h 


% 


kW.h 


% 


kW.h 


% 


8,363,751,200 
639,899,100 


49.1 
3.8 


— 




33,118,507,340 
639,899,100 


25.8 
0.5 


9,003,650,300 


52.9 


— 




33,758,406,440 


26.3 


5,312,689,166 


31.2 


— 




53,130,512,584 


41.3 


2,621,526,500 
91,772,800 


15.4 
0.5 


20,096,635,450 
5,018,557,000 


80.0 
20.0 


32,084,478,550 

5,018,557,000 

2,621,526,500 

763,480,257 

1,197,611,503 


25.0 
3.9 
2.0 
0.6 
0.9 


17,029,638,766 


100.0 


25,115,192,450 


100.0 


128,574,572,834 


100.0 


1,335,037,234 








4,815,279,685 
(224,687,395) 




— 




— 




(78,374,503) 




18,364,676,000 




25,115,192,450 




133,086,790,621 




470,201,595 









470,201,595 

5,856,261,784 

139,413,254,000 





20 Transmission 

NUMBER OF ULTIMATE CUSTOMERS SERVED 
by Ontario Hydro and Associated Municipal Electrical Utilities 





1988 


1987 


Increased or 
(Decreased) 

% 


Retail Customers of 316 Utilities 


2,592,809 

863,049 

2 
115 

3,455,975 


2,514,793 

835,937 

2 

114 

3,350,846 


3.1 


Retail Customers of Ontario Hydro 
(includes non-utility generation accounts) . . 

Distributing Companies 

Direct Customers (including 9 utilities) 

TOTAL 


3.2 

0.9 
3.1 



TRANSMISSION LINES AND CIRCUITS 
Classified by Voltages and Types of Supporting Structures 

Line Length Circuit Length 



At Dec. 31 


At Dec. 31 


At Dec. 31 


At Dec. 31 


1988 


1987 


1988 


1987 


km 


km 


km 


km 


1,722 


1,706 


2,265 


2,234 


6 


6 


6 


6 


8,110 


7,911 


12,161 


11,942 


1,534 


1,534 


1,539 


1,539 


24 


22 


36 


30 


3,470 


3,482 


5,922 


5,907 


5,437 


5,437 


5,460 


5,460 


111 


117 


189 


198 


13 


13 


13 


13 



500 ,000- volt aluminum or steel tower . . . 

345,000-volt steel tower 

230 ,000- volt aluminum or steel tower . . . 

230,000-volt wood pole 

230,000-volt underground 

115,000-volt steel tower 

115,000-volt wood pole 

115,000-volt underground 

69 ,000- volt steel tower or wood pole .... 

TOTAL 20,427 20,228 27,591 27,329 



DISTRIBUTION LINES 



Line Length 



At Dec. 31 At Dec. 31 
1988 1987 



km km 

Distribution Lines 104,771 103,703 



Appendix II — Finance 21 
APPENDIX II — FINANCE 

Financial Review of Ontario Hydro 22 

Management's Responsibility for 

Financial Reporting 30 

Auditors' Report 31 

Summary of Significant Accounting Policies 32 

Statement of Operations 39 

Statement of Financial Position 40 

Statement of Accumulated Debt Retirement Appropriations 42 

Statement of Reserve for Stabilization of Rates 

and Contingencies 42 

Statement of Source of Cash Used for 

Investment in Fixed Assets 43 

Notes to Financial Statements 44 

Five- Year Summary of Financial and Operating Statistics 53 

Fixed Assets 56 

Accumulated Depreciation 58 

Details of Bonds and Notes Payable 59 

Summary of the Allocation of the Amounts Charged 

for Primary Power 63 

Statement of the Amounts Charged for 

Primary Power to Municipalities 66 

Statement of Equities Accumulated by Municipalities 

Through Debt Retirement Appropriations 82 



22 Appendix II — Finance 

FINANCIAL REVIEW OF ONTARIO HYDRO 
for the year ended December 31, 1988 

Financial Highlights 

Ontario Hydro's total revenues for 1988 came to $5,813 million, $533 million 
higher than in 1987. Approximately $288 million of this increase came from a 
greater volume of electricity sales, and $245 million from the 1988 rate in- 
crease. Total operating costs for 1988, including financing charges, amounted 
to $5,187 million, an increase of $178 million over 1987. This increase was 
due primarily to higher operating and maintenance costs, partially offset by 
lower foreign exchange costs. Net income for 1988 was $626 million com- 
pared with $271 million for 1987. 

Cash provided from operations and available for investment in fixed assets 
was $1,368 million for 1988. The capital expenditures for investment in fixed 
assets during 1988 amounted to $2,689 million. 

Results of Operations 

Revenues 

Primary revenues for 1988 amounted to $5,657 million, an increase of $573 
million or 11.3 per cent over 1987. Electricity sales to municipal utilities, ru- 
ral retail and direct industrial customers totalled 128,068 million kilowatt- 
hours. The volume of primary electricity use grew by 6.5 per cent in 1988, be- 
cause of continued economic growth in Ontario and higher peak demand in 
both winter and summer. Electricity use by rural retail customers rose more 
than the use by municipal utilities and direct customers. The chart (see page 
23) shows actual electricity consumption by major customer category. The 
overall rise in consumption for 1988 was markedly higher than Ontario's av- 
erage annual growth rate of 4.9 per cent over the last five years. 

The 1988 electricity rates for primary customers increased 4.7 per cent on 
average. The average increase for municipal utilities was 4.7 per cent, for ru- 
ral retail 4.4 per cent and for direct industrial customers 5.2 per cent. The ru- 
ral rate increase takes into account $90 million in assistance provided by all 
electricity consumers in the province to reduce the electricity bills of year- 
round rural residential customers. 

Secondary revenues for 1988, mainly from exporting electricity to utilities 
in the United States, came to $156 million. Compared with 1987, this repre- 
sents a decrease of $40 million or 20.4 per cent. This decrease is due primarily 
to sales being constrained to conserve coal inventories for Ontario customers' 
energy needs and to ensure acid gas emissions were below 1987 levels. 

Over the last five years, Ontario Hydro has sold approximately 37,000 mil- 



Financial Review 



23 



lion kilowatt-hours of electricity to utilities in the United States but only after 
the needs of customers in Ontario had been met. These sales have earned ap- 
proximately $1,371 million in secondary revenues. The net benefit to Ontari- 
ans was $519 million for the period 1984 through 1988, and $45 million in 
1988. This benefit helped Ontario Hydro to keep electricity rates lower for 
Ontario customers. 



Primary Energy 




Millions kW.h 
• 140,000 



128,068 



110,660 



106,831 




• 120,000 



100,000 



80,000 



60,000 



40,000 



• 20,000 



1984 1985 1986 1987 1988 



24 Appendix II — Finance 

Major Electricity Production Resources 

Ontario Hydro responds to the energy demands of its customers by supplying 
electricity from a number of different sources. Hydraulic generating stations, 
which are relatively inexpensive to operate, have traditionally provided a ma- 
jor part of the electricity energy generated by Ontario Hydro. With most ma- 
jor accessible sites in the province already developed, hydraulic generation, 
as a percentage of total generation, has gradually decreased over the past few 
years. On the other hand, in order to meet the total energy needs, the Corpo- 
ration has increased its emphasis on nuclear generation. The other major 
source of generation of electricity is fossil generation. The increased nuclear 
generating capacity reduces the need to operate coal-fired generating units 
which have higher fuelling costs. However, the fossil-fuelled units will con- 
tinue to be required during periods of higher demand, when demand cannot 
be satisfied by less expensive generation. The production resources from 1978 
through 1988, highlighting the changes in volume and generation mix, are 
shown in the chart on page 4. Nuclear stations supplied 48.4 per cent of the 
total energy to the system in 1988. Hydraulic stations supplied 25.2 per cent 
and fossil-fuelled generation provided 24.9 per cent. Purchases of power 
from interconnected utilities provided the remaining 1.5 per cent. In 1987, 
electric energy from nuclear generation, hydraulic generation and fossil- 
fuelled generation supplied 47.5 per cent, 23.8 per cent and 23.9 per cent, re- 
spectively, of the total energy to the system. A breakdown of the annual av- 
erage cost per kilowatt-hour of energy by the major generating sources is 
shown in the Five- Year Summary of Financial and Operating Statistics. 

Fuel and Fuel-related Costs 

In 1988, fuel and related costs such as water rentals, power purchased, and 
the nuclear agreement — payback were 2.1 per cent lower than in 1987. 

The 1988 fuel costs for coal, uranium, and oil came to $1,117 million or 0.6 
per cent lower than in 1987. The impact of the lower unit cost of coal con- 
sumed was offset by the costs associated with the increased amount of energy 
generated to meet the growth in primary energy sales. 

Water rentals, the payments Ontario Hydro made primarily to the Prov- 
ince of Ontario for the use of provincial waters in its hydraulic plants 
amounted to $96 million in 1988, an increase of $6 million over 1987. This in- 
crease reflects the effects of the increase in hydraulic generation in 1988 over 
1987, and the impact of the increase in water rental rates. 

In 1988, Ontario Hydro purchased $57 million worth of electricity from 
neighbouring utilities, a decrease of $60 million from 1987. Ontario Hydro 
buys electricity when it is economical to do so and during periods of peak de- 
mand or in emergencies. 



Financial Review 25 

In 1983, units 1 and 2 of the Pickering Nuclear Generating Station were 
taken out of operation to replace existing pressure tubes. Unit 1 returned to 
operation in October 1987 and unit 2 in November 1988. The maintenance 
and overhead costs during the shutdown period have been included in the 
payback calculation according to the Pickering Payback Agreement. The 
negative payback amounts accumulated during this shutdown period are to 
be offset against future positive payback amounts, otherwise payable to 
Atomic Energy of Canada Limited and the Province of Ontario, over the re- 
maining term of the Agreement. In 1987, $23 million of negative payback 
was credited against operating costs, and in 1988, the payback amount of $11 
million was charged to operations. 

Operation, Maintenance and Administration 

In 1988, operation, maintenance and administration costs amounted to 
$1,354 million, an increase of $204 million over 1987. This increase of 17.7 
per cent is related primarily to cost escalation in labour and other costs, and 
additional facilities placed in service. The transmission and distribution sys- 
tem work-load grew in 1988, as reflected in an increase of approximately 3 
per cent in the number of customers and an increase of about 1 per cent in 
the kilometres of rural lines maintained. 

Depreciation 

The depreciation charged to operations totalled $811 million in 1988, $88 mil- 
lion or 12.2 per cent higher than in 1987. Contributing to this increase were a 
full year's depreciation of Bruce unit 8, which was placed in service in 1987, 
and increased provisions for decommissioning costs. The increase in this pro- 
vision is due primarily to the updated estimates of the costs to decommission 
nuclear generating stations. 

Financing Charges 

Financing charges are comprised of interest charged to operations and for- 
eign exchange costs. Interest charged to operations represents gross interest 
reduced by capitalized interest and by interest earned on investments. By 
capitalizing interest, costs are properly allocated between current and future 
customers. Foreign exchange represents mainly the amortization of gains or 
losses on the principal amount of foreign debt and the net exchange loss on 
foreign transactions other than foreign debt. 

Gross interest costs for 1988 amounted to $2,845 million, an increase of 
$101 million or 3.7 per cent over 1987. The primary reason for this increase is 
related to the additional funds borrowed during the year to finance the con- 
struction of Darlington Nuclear Station which is needed to meet future de- 
mand. This increase was partially offset by the effect of the stronger 



26 



Appendix II — Finance 



Canadian dollar relative to the United States dollar on foreign currency inter- 
est payments, as well as refinancing debt that matured during the year at 
lower interest rates. 

Interest charged to operations amounted to $1,740 million in 1988, $38 mil- 
lion or 2.2 per cent higher than in 1987. The increase resulted primarily from 
the full year's impact of an additional nuclear generating station placed in 
service in 1987. The in-service date is the time from which interest is no 
longer capitalized and is charged to operations. 

Foreign exchange costs amounted to $1 million in 1988, a decrease of $125 
million from 1987. The primary factor contributing to the decrease was the 
rise in the Canadian dollar relative to the United States dollar. 

Total Operating Costs 

The chart shows the major operating costs for the period 1984 through 1988. 



Total Operating Costs 



J Operation, Maintenance and Administration 
Fuel and Fuel-related 



$ Millions 
• 5500 



5,187 




1984 



1985 



1986 



1987 



1988 



Financial Review 27 

Net Income/Financial Indicators 

Ontario Hydro's net income was $626 million in 1988, compared to $271 mil- 
lion in 1987. The corporation's main financial indicators are the cash flow 
coverage, interest coverage and debt ratios. The cash flow coverage for 1988 
was 1.19, the highest level in recent years. The level of interest coverage for 
1988 was 1.23 and for 1987, 1.10. The debt ratio at the end of 1988 improved 
to .829 from the 1987 ratio of .836. The financial position of Ontario Hydro 
remains strong. 

Capital Expenditures and Financing 

Investment in Fixed Assets 

Ontario Hydro invests in fixed assets to meet expected growth in the demand 
for electricity, to replace existing assets with facilities that are more economi- 
cal, and to meet regulatory requirements. The total assets of the Corporation 
at the end of 1988 were $34,358 million and of this amount, 87 per cent con- 
sists of fixed assets in service or under construction. This relatively high per- 
centage reflects the capital intensive nature of Ontario Hydro's business. 

The investment in fixed assets during 1988 totalled $2,689 million. During 
the year, capital expenditures of $1,331 million went toward the construction 
of facilities at Darlington. These four nuclear generating units are expected 
to be placed in service over the period 1989 to 1992. In addition, the 1988 
capital expenditures reflect the continued emphasis on investment in the 
transmission and distribution facilities to keep the quality and reliability of 
service high. During 1988, $754 million went toward constructing major 
transmission and distribution facilities, such as the 500 kilo volt transmission 
lines in eastern and southwestern Ontario and the Longwood Transformer 
Station. 

The annual investments in fixed assets from 1984 through 1988 are shown 
in the chart on page 28. Over this period, the annual capital expenditures 
have been relatively level, with the average annual amount being about 
$2,600 million. While there has been a general decrease over this period in 
the level of construction activity for generating facilities as the major projects 
are being completed, this decrease has been offset by the higher level of in- 
vestment in the transmission and distribution facilities. 



28 



Appendix II — Finance 



Investment in Fixed Assets During the Year 



^/// Administration and Service Facilities 
I 1 Transmission and Distribution Facilities 

i i Generating Stations 



$ Millions 



• 3000 



2,624 



zzz 



2,541 



2,523 



2,524 



¥ZZAV77A¥ZZ\ 



2,689 



2500 



2000 



1500 



• 1000 



500 



1984 



1985 



1986 



1987 



1988 



Financing 

The cash required by Ontario Hydro to finance the investment in fixed assets 
comes from two major sources: operations and external borrowings. For 
1988, operations provided $1,368 million and borrowings $1,575 million. The 
cash from financing is made up of cash from the issuance of long-term debt 
and the change in the level of short-term notes payable issued for debt man- 
agement purposes, less the amount of cash used to retire long-term debt. 

The proceeds from bonds that Ontario Hydro sold to the public during 
1988 amounted to $2,602 million. In addition, bonds issued to the Province of 
Ontario provided a further $551 million. The source of the funds provided by 
the Province was the Canada Pension Plan. In total, there were twenty-two 
Canadian issues with an average coupon interest rate of 10.0 per cent for an 
average term of 9.3 years. For the same period in 1987, the average coupon 
interest rate was 9.6 per cent for the average term of 8.0 years. In addition, 
proceeds of $249 million were received from the issuance of long-term notes. 



Financial Review 



29 



Cash provided from financing from 1984 through 1988 is shown in the chart 
below. Since 1985, financing requirements have been met entirely from the 
Canadian public market and from Canada Pension Plan funds, thereby not 
incurring new foreign exchange exposure. 

Cash amounting to $1,191 million was used to retire maturing long-term 
debt in 1988, compared with $1,096 million in 1987. In addition, during 1988, 
cash amounting to $636 million was used to redeem debt prior to maturity, 
compared with $83 million in 1987. Of this amount, $146 million was used to 
redeem United States dollar bond issues called prior to maturity. 



Cash Provided From Financing 

Cash Provided from External Borrowings: 



Other Debt Issues I I U.S. Issues 

Eurodollar Issues VXNI Canadian Issues 



V / S\ Canada Pension Plan I 1 Cash Provided from 

I, , , ■ ii External Borrowings 

I I I N I I Short-Term Notes -Net of Retirement 

Payable Issued for Debt 

Management Purposes $ Millions 



3,402 




3500 



3000 



2500 



2000 



1500 



1000 



500 



1984 1985 1986 1987 1988 



30 Management's Responsibility for Financial Reporting 

MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL REPORTING 

The accompanying financial statements of Ontario Hydro are the responsibility of 
management and have been prepared in accordance with accounting principles gener- 
ally accepted in Canada, applied on a basis consistent with that of the preceding year. 
The significant accounting policies followed by Ontario Hydro are described in the 
Summary of Significant Accounting Policies. The preparation of financial statements 
necessarily involves the use of estimates based on management's judgment, particu- 
larly when transactions affecting the current accounting period cannot be finalized 
with certainty until future periods. The financial statements have been properly pre- 
pared within reasonable limits of materiality and in light of information available up 
to March 13, 1989. The information presented elsewhere in the Annual Report is con- 
sistent with that in the financial statements. 

Management maintains a system of internal controls designed to provide reason- 
able assurance that the assets are safeguarded and that reliable financial information is 
available on a timely basis. The system includes formal policies and procedures and an 
organizational structure that provides for appropriate delegation of authority and seg- 
regation of responsibilities. An internal audit function independently evaluates the ef- 
fectiveness of these internal controls on an ongoing basis and reports its findings to 
management and to the Audit Committee of the Board of Directors. 

The financial statements have been examined by Clarkson Gordon, independent 
external auditors appointed by the Lieutenant Governor in Council of Ontario. The 
external auditors' responsibility is to express their opinion on whether the financial 
statements are fairly presented in accordance with generally accepted accounting prin- 
ciples. The Auditors' Report, which appears on the following page, outlines the scope 
of their examination and their opinion. 

The Board of Directors, through the Audit Committee, is responsible for ensuring 
that management fulfills its responsibilities for financial reporting and internal con- 
trols. The Audit Committee meets periodically with management, the internal audi- 
tors and the external auditors to satisfy itself that each group has properly discharged 
its respective responsibility, and to review the financial statements before recom- 
mending approval by the Board of Directors. The external auditors have direct and 
full access to the Audit Committee, with and without the presence of management, to 
discuss their audit and their findings as to the integrity of Ontario Hydro's financial re- 
porting and the effectiveness of the system of internal controls. 

On behalf of Management 

R.C. Franklin E.H. Burdette 

Chairman and President Senior Vice-President, 

Finance and Services 
Toronto, Canada, 
March 13, 1989. 



Auditors' Report 31 

AUDITORS' REPORT 

To the Board of Directors of Ontario Hydro: 

We have examined the statement of financial position of Ontario Hydro as at 
December 31, 1988 and the statements of operations, accumulated debt re- 
tirement appropriations, reserve for stabilization of rates and contingencies 
and source of cash used for investment in fixed assets for the year then ended. 
Our examination was made in accordance with generally accepted auditing 
standards, and accordingly included such tests and other procedures as we 
considered necessary in the circumstances. 

In our opinion, these financial statements present fairly the financial posi- 
tion of Ontario Hydro as at December 31, 1988 and the results of its opera- 
tions and the changes in its financial position for the year then ended in 
accordance with generally accepted accounting principles applied on a basis 
consistent with that of the preceding year. 



Toronto, Canada, CLARKSON GORDON 

March 13, 1989. Chartered Accountants 



32 Appendix II — Finance 

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 

The accompanying financial statements have been prepared in accordance 
with accounting principles generally accepted in Canada, applied on a basis 
consistent with that of the preceding year. The significant accounting policies 
followed by Ontario Hydro are described below. 

Rate setting 

Ontario Hydro has broad powers to generate, supply and deliver electric 
power throughout the Province of Ontario. The Corporation operates under 
the Power Corporation Act and is subject to provisions of the Ontario 
Energy Board Act. 

Under the provisions of the Power Corporation Act, the price payable by 
municipal corporations for power is the cost of supplying the power. Such 
cost is defined in the Act to include the cost of operating and maintaining the 
system, depreciation, interest, and the amounts appropriated for debt retire- 
ment and stabilization of rates and contingencies. The debt retirement appro- 
priation is the amount required under the Act to accumulate on a sinking 
fund basis over 40 years a sum equal to the debt incurred for the cost of the 
fixed assets in service. The appropriation for, or withdrawal from, the stabili- 
zation of rates and contingencies reserve is an amount established to maintain 
a sound financial position and to stabilize the effect of cost fluctuations. 

Under the provisions of the Ontario Energy Board Act, a public hearing 
before the Ontario Energy Board is required in respect of any changes in 
electricity rates proposed by Ontario Hydro which affect its municipal utili- 
ties, direct industrial customers, or, if the Minister of Energy so directs, rural 
retail customers. The Ontario Energy Board submits its recommendations to 
the Minister of Energy. After considering the recommendations of the 
Ontario Energy Board, the Board of Directors of Ontario Hydro, under the 
authority of the Power Corporation Act, establishes the electricity rates to be 
charged to customers. 

If the Board of Directors specifies an amount related to a certain transac- 
tion be included in future electricity rates that, in accordance with the ac- 
counting policies summarized on the following pages, would be charged or 
credited to operations in the current year, then this amount is deferred and 
amortized to future operations on a basis consistent with its inclusion in rates. 



Summary of Significant Accounting Policies 33 

Fixed assets 

Fixed assets in service include operating facilities and non-operating reserve 
facilities. Construction in progress includes fixed assets under construction 
and heavy water held for use in nuclear generating stations under construc- 
tion. 

Fixed assets are capitalized at cost which comprises material, labour, engi- 
neering costs, and the costs of training initial operating staff for new facilities 
as well as overheads, depreciation on service equipment, and interest appli- 
cable to capital construction activities. In the case of generation facilities, the 
cost also includes the net cost of commissioning, and for nuclear generation, 
the cost of heavy water. The net cost of commissioning is the cost of start-up 
less the value attributed to energy produced by generation facilities during 
their commissioning period. The cost of heavy water comprises the direct cost 
of production and applicable overheads, as well as interest and depreciation 
on the heavy water production facilities and the estimated removal costs of 
these facilities. For multi-unit facilities, a proportionate share of the cost of 
common facilities is placed in service with each major operating unit. Leases 
which transfer the benefits and risks of ownership of assets to Ontario Hydro 
are capitalized. 

Interest is capitalized on construction in progress at rates (1988 — 10.8 per 
cent, 1987 — 11.4 per cent) which approximate the average cost of long-term 
funds borrowed in the years in which expenditures have been made for fixed 
assets under construction. If the construction period of a project is extended 
and the construction activities are continued, interest is capitalized during the 
period of extension provided that the project has a reasonable expectation of 
being completed. 

If a project is cancelled or deferred indefinitely with a low probability of 
construction being resumed, all costs including the costs of cancellation are 
written off to operations. 

If fixed assets are removed from operations and mothballed for future use, 
termed non-operating reserve facilities, the costs of mothballing are charged 
to operations. 



34 Appendix II — Finance 

Depreciation 

The capital costs of fixed assets in service are depreciated on a straight-line 
basis. Depreciation rates for the various classes of assets are based on their 
estimated service lives. Major components of generating stations are depreci- 
ated over the lesser of the service life expectancy of the component or the re- 
maining service life of the associated generating station. 

The estimated service lives of assets in the major classes are: 



Generating stations — hydraulic 

— fossil 

— nuclear 


— 65 to 100 years 

— 30 to 35 years 

— 40 years 


Heavy water 


— over the period ending 
in the year 2040 


Transmission and distribution facilities 


— 20 to 55 years 


Heavy water production facilities 


— 20 years 


Administration and service facilities 


— 5 to 65 years 



In accordance with group depreciation practices, for normal retirements 
the cost of fixed assets retired is charged to accumulated depreciation with no 
gain or loss being reflected in operations. However, gains and losses on sales 
of fixed assets, and losses on premature retirements are charged to operations 
in the year incurred as adjustments to depreciation expense. 

When the costs of removal less residual value, termed removal costs, on 
retirements of fixed assets can be reasonably estimated and are significant, 
provisions for these costs, except for those related to heavy water production 
facilities, are charged to depreciation expense on an annuity basis over the 
remaining service life of the related fixed assets. For heavy water production 
facilities, provisions for removal costs are charged to heavy water production 
costs on a straight-line basis over the remaining service life of the related fa- 
cilities. Other removal costs are charged to depreciation expense as incurred. 
Removal costs include the estimated costs of decommissioning nuclear and 
fossil stations and heavy water production facilities, and the estimated costs 
of removing certain nuclear reactor fuel channels. 



Summary of Significant Accounting Policies 35 

The estimated service lives of fixed assets and the significant assumptions 
underlying the estimates of fixed asset removal costs are subject to periodic 
review. Any changes arising out of such a review are implemented on a re- 
maining service life basis from the year the changes can be first reflected in 
electricity rates. 

Non-operating reserve facilities are amortized so that any estimated loss in 
value is charged to depreciation expense on a straight-line basis over their ex- 
pected non-operating period. 

Unamortized advances for fuel supplies 

As part of its program to ensure the adequate supply of fuels for its generat- 
ing stations, Ontario Hydro has entered into long-term fuel supply contracts. 
Where these contracts require Ontario Hydro to make payments for pre- 
production costs to suppliers in advance of the fuel delivery, these payments 
and associated costs, including interest, are carried in the accounts as un- 
amortized advances for fuel supplies. The advances are amortized to fuel in- 
ventory as the fuels are delivered. 

Fuel for electric generation 

Fuel used for electric generation comprises the average inventory costs of 
fuel consumed, charges for commissioning energy produced, and provisions 
for disposal of nuclear fuel irradiated during the period. The inventory cost 
of fuel consumed comprises fuel purchases, transportation and handling 
costs, and the amortization of advances for fuel supplies. Transportation 
costs include charges for interest and depreciation on railway equipment 
owned by Ontario Hydro. The charges for commissioning energy produced 
during the period represent the incremental operating and fuel costs of pro- 
ducing the same quantity of energy at generating units displaced because of 
the commissioning activity. The costs for disposal of nuclear fuel irradiated in 
each period are charged to operations based on estimated future expendi- 
tures and interest accumulating to the estimated date of disposal. Estimates 
of expenditures, interest and escalation rates, and the date of disposal are 
subject to periodic review. Adjustments resulting from changes in estimates 
are charged to operations on an annuity basis over the period from the year 
the changes can be first reflected in electricity rates to the estimated in- 
service date of the disposal facility. 



36 Appendix II — Finance 

Foreign currency translation 

Current monetary assets and liabilities in foreign currencies are translated to 
Canadian currency at year-end rates of exchange and the resultant exchange 
gains or losses are credited or charged to operations. Long-term debt payable 
in foreign currencies is translated to Canadian currency at year-end rates of 
exchange. Resulting unrealized exchange gains or losses are deferred and in- 
cluded in unamortized debt costs, and are amortized to operations on an an- 
nuity basis over the remaining life of the related debt. 

Foreign exchange gains or losses on hedges of long-term debt payable in 
foreign currencies are deferred and included in unamortized debt costs. The 
deferred gains or losses related to principal payments are amortized to opera- 
tions on an annuity basis over the remaining period through to the year in 
which the hedged principal payments are due. The deferred gains or losses 
related to interest payments are credited or charged to operations in the year 
in which the hedged interest payments are due. 

Foreign exchange gains or losses on early redemption of long-term debt are 
deferred and included in unamortized debt costs if the exposure in the for- 
eign currency related to the redeemed debt is not reduced as a result of the 
refinancing of the redeemed debt in the same currency. These deferred gains 
or losses are amortized on an annuity basis over the period to the original ma- 
turity date of the redeemed debt. If the foreign currency exposure is reduced 
as a result of the early redemption of debt, the resulting foreign exchange 
gains or losses related to the redeemed debt are credited or charged to opera- 
tions. 

Unamortized debt costs 

Unamortized debt costs include the unamortized amounts related to unreal- 
ized foreign exchange gains or losses resulting from the translation of foreign 
currency long-term debt, foreign exchange gains or losses on hedges, foreign 
exchange gains or losses on the early redemption of long-term debt, discounts 
or premiums arising from the issuance of debt or the acquisition of debt prior 
to maturity, and discounts or premiums accrued on foreign currency hedges. 

Debt discounts or premiums arising from the issuance of debt are amor- 
tized over the period to maturity of the debt. Discounts or premiums on debt 
acquired prior to the date of maturity are amortized over the period from the 
acquisition date to the original maturity date of the debt. Discounts or premi- 
ums on foreign currency hedges are credited or charged to operations over 
the terms of the individual hedges. 



Summary of Significant Accounting Policies 37 

Nuclear agreement — Pickering units 1 and 2 

Ontario Hydro, Atomic Energy of Canada Limited and the Province of 
Ontario are parties to a joint undertaking for the construction and operation 
of units 1 and 2 of Pickering Nuclear Generating Station, with ownership of 
these units being vested in Ontario Hydro. Contributions to the capital cost 
by Atomic Energy of Canada Limited and the Province of Ontario amounted 
to $258 million and these have been deducted in arriving at the value of fixed 
assets in service in respect of Pickering units 1 and 2. Ontario Hydro is re- 
quired to make monthly payments, termed "payback", until the year 2003 to 
each of the parties in proportion to their capital contributions. Payback rep- 
resents in a broad sense the net operational advantage of having the power 
generated by Pickering units 1 and 2 as compared with coal-fired units similar 
to Lambton units 1 and 2. 

During the 1983 through 1988 shutdown period for replacement of pres- 
sure tubes in Pickering units 1 and 2, the payback calculations resulted in 
negative payback amounts. These amounts have been credited against the 
cost of operations over the shutdown period and the accumulated amounts, 
plus interest, are included in the accounts as long-term accounts receivable. 
The accumulated negative payback amounts, plus interest, are to be offset 
against future positive payback amounts payable over the remaining term of 
the Agreement to Atomic Energy of Canada Limited and to the Province of 
Ontario, commencing with the return to operation of the last of the two units 
in November 1988. 

Pension plan 

The pension plan is a contributory, defined benefit plan covering all regular 
employees of Ontario Hydro. Ontario Hydro is responsible for all deficien- 
cies and surpluses in the pension plan. 

Pension costs for accounting purposes are actuarially determined based on 
the assumptions that reflect management's best estimate of the effect of fu- 
ture events on the actuarial present value of accrued pension benefits, and 
the valuation of pension plan assets using a five-year market value average. 
Pension plan surpluses and deficiencies are amortized on an annuity basis 
over the expected average remaining period of service of the employees cov- 
ered by Ontario Hydro's pension plan. 



38 Appendix II — Finance 

Research and development 

Research and development costs are charged to operations in the year in- 
curred, except for those related directly to the design or construction of a 
specific capital facility which are capitalized as part of the facility. 



Financial Statements 



39 



STATEMENT OF OPERATIONS 
for the year ended December 31, 1988 



1988 



1987 



Revenues 

Primary power and energy 

Municipal utilities 

Rural retail customers 

Direct industrial customers 

Secondary power and energy (note 1) 

Costs 

Operation, maintenance and administration 

Fuel used for electric generation 

Water rentals (note 2) 

Power purchased 

Nuclear agreement — payback (note 3) . . . 
Depreciation (note 4) 

Income before financing charges 

Interest (note 5) 

Foreign exchange (note 6) 

Net income 

Appropriation for (withdrawal from): 

Debt retirement 

Stabilization of rates and contingencies . . . 



millions of dollars 


3,824 


3,441 


1,103 


968 


730 


675 


5,657 


5,084 


156 


196 


5,813 


5,280 


1,354 


1,150 


1,117 


1,124 


96 


90 


57 


117 


11 


(23) 


811 


723 


3,446 


3,181 


2,367 


2,099 


1,740 


1,702 


1 


126 


1,741 


1,828 


626 


271 


341 


319 


285 


(48) 


626 


271 



See accompanying summary of significant accounting policies and notes to 
financial statements. 



40 



Assets 



Appendix II — Finance 

STATEMENT OF FINANCIAL POSITION 
as at December 31, 1988 



Fixed assets (note 7) 

Fixed assets in service 

Less accumulated depreciation 

Construction in progress 

Current assets 

Cash and temporary investments 

Accounts receivable 

Fuel for electric generation (note 8) 

Materials and supplies, at cost 

Other assets 

Unamortized debt costs 

Unamortized advances for fuel supplies (note 9) . . . 

Unamortized deferred costs (note 10) 

Long-term accounts receivable and other assets (see 
note 3) 



1988 



1987 



millions of dollars 


26,918 


25,788 


6,289 


5,581 


20,629 


20,207 


9,346 


7,779 


29,975 


27,986 


312 


89 


663 


584 


1,113 


1,039 


332 


287 


2,420 


1,999 


324 


940 


755 


777 


401 


473 


483 


482 


1,963 


2,672 


34,358 


32,657 



See accompanying summary of significant accounting policies and notes to 
financial statements. 



Financial Statements 41 



Liabilities 1988 1987 

millions of dollars 

Long-term debt (note 11) 24,240 23,862 

Current liabilities 

Accounts payable and accrued charges 664 624 

Short-term notes payable 500 502 

Accrued interest 714 705 

Long-term debt payable within one year 1,665 1,202 

3,543 3,033 

Other liabilities 

Long-term accounts payable and accrued charges 216 183 

Accrued fixed asset removal and 
irradiated fuel disposal costs (note 12) 771 617 

987 800 

Contingencies (notes 9, 10 and 14) 

Equity 

Accumulated debt retirement appropriations 3,570 3,229 

Reserve for stabilization of rates and 

contingencies 1,891 1,606 

Contributions from the Province of Ontario as 

assistance for rural construction 127 127 

5,588 4,962 
34,358 32,657 

On behalf of the Board 

R.C. Franklin J.A.G. Bell 

Chairman and President Vice-Chairman 



Toronto, Canada, 
March 13, 1989. 



42 



Appendix II — Finance 



STATEMENT OF ACCUMULATED DEBT RETIREMENT 

APPROPRIATIONS 

for the year ended December 31, 1988 





Municipal 
Utilities 


Power District 

(Rural Retail and 

Direct Industrial 

Customers) 


Totals 




1988 1987 


Balances at beginning of year 
Appropriation 


2,245 
233 

2,478 


millions of dollars 

984 
108 


3,229 2,910 
341 319 


Balances at end of year 


1,092 


3,570 3,229 



STATEMENT OF RESERVE FOR STABILIZATION 
OF RATES AND CONTINGENCIES 
for the year ended December 31, 1988 



Held for 
the benefit 

of all 
customers 



Balances at 
beginning of 
year 1 ,653 



Held for the benefit of 

(or recoverable from) 

certain groups of customers 

Rural Direct 

Municipal Retail Industrial 

Utilities Customers Customers 



millions of dollars 



Totals 



1988 



1987 



(36) 



(12) 1,606 1,654 



Appropriation 
(withdrawal) 

Balances at 
end of year 



253 



1,906 



21 



115) 



11 285 



(48) 



XI) 1,891 1,606 



See accompanying summary of significant accounting policies and notes to 
financial statements. 



Financial Statements 43 

STATEMENT OF SOURCE OF CASH 

USED FOR INVESTMENT IN FIXED ASSETS 

for the year ended December 31, 1988 

1988 1987 



millions of dollars 

Cash provided from operations (note 13) 1,368 1,204 

Cash provided from financing 

Long-term debt issued 3,402 2,284 

Change in short-term notes payable issued for 
debt management purposes — increase — 25G 

3,402 2,534 
Less long-term debt retired 1,827 1,179 

Cash provided from financing 1,575 1,355 

Cash used for investment in other assets (note 13) (45 ) _ (149 ) 

Cash provided from operations, financing and 
other activities 2,898 2,410 

Changes in cash and cash equivalents 
— (increase) decrease (note 13) 

Cash used for investment in fixed assets 

Changes in accounts payable and accrued charges 
affecting investment in fixed assets — increase 

Investment in fixed assets (note 13) 

See accompanying summary of significant accounting policies and notes to 
financial statements. 



(225) 


42 


2,673 


2,452 


16 


72 


2,689 


2,524 



44 Appendix II — Finance 

NOTES TO FINANCIAL STATEMENTS 



1. Secondary power and energy 

Secondary power and energy revenues include $153 million (1987 — $194 million) from sales of elec- 
tricity to United States utilities. 



2. Water rentals 

Water rentals are the amounts paid primarily to the Province of Ontario for the use of water for hy- 
draulic generation. 

3. Nuclear Agreement — Payback 

In accordance with the Nuclear Agreement which is described in the Summary of Significant Account- 
ing Policies, the negative payback amounts accumulated during the 1983 through 1988 shutdown period 
for replacement of pressure tubes in Pickering Nuclear Generating Station units 1 and 2 are to be offset 
against future positive payback amounts payable to Atomic Energy of Canada Limited and the Prov- 
ince of Ontario after the units return to operation. Pickering unit 1 returned to operation in 1987 and 
unit 2 in 1988. As of December 31 , 1988, the accumulated negative payback, plus interest, amounted to 
$296 million (1987 — $279 million) and is included in "long-term accounts receivable and other assets". 

4. Depreciation 1988 1987 

Depreciation of fixed assets in service 

Amortization of deferred costs 

Fixed asset removal costs 

— provision for fuel channel removal costs 

— provision for decommissioning costs 

— other removal costs 



Less: 

Depreciation charged to — heavy water production . . 

— construction in progress . . 

— fuel for electric generation 
Net gain on sales of fixed assets 



millions of dollars 


774 


717 


40 


40 


39 


35 


34 


17 


25 


14 


912 


823 


51 


51 


44 


38 


2 


2 


4 


9 


101 


100 


811 


723 



Notes to Financial Statements 



45 



5. Interest 



Interest on bonds, notes, and other debt 

Interest on accrued fixed asset removal and 
irradiated fuel disposal costs 

Less: 

Interest charged to — construction in progress . 

— heavy water production . . 

— fuel for electric generation 
Interest earned on investments 



1988 



1987 



millions of dollars 
2,780 2,694 



65 



2,845 



836 
86 
90 
93 



1,105 



,740 



50 



2,744 



772 
98 

108 
64 



1,042 



1,702 



6. Foreign exchange 



Amortization of foreign exchange gains and losses 
Net exchange loss on other foreign transactions . . 



1988 



1987 



millions of dollars 

(61) 
62 



93 

33 



126 



7. Fixed assets 



Assets in 
Service 



Generating stations — hydraulic 1 ,899 

— fossil 3,707 

— nuclear 10,805 

Heavy water 2,447 

Transmission and distribution 5 ,663 

Heavy water production facilities 1,126 

Administration and service facilities 1 ,271 

26,918 



1988 



Accumulated 
Depreciation 



Construction 
in Progress 



dllions of dollars 




628 


33 


1,447 


66 


1,474 


7,258 


252 


1,140 


1,511 


730 


445 


— 


532 


119 



6,289 



9,346 



1987 



Assets in Accumulated Construction 
Service Depreciation in Progress 

millions of dollars 



Generating stations — hydraulic 1,863 

— fossil 3,618 

— nuclear 10,450 

Heavy water 2,432 

Transmission and distribution 5,130 

Heavy water production facilities 1,128 

Administration and service facilities 1,167 

25,788 



599 


41 


1,338 


47 


1,188 


6,162 


210 


949 


1,388 


516 


393 


— 


465 


64 



5,581 



7,779 



46 



Appendix II — Finance 



7. Fixed assets (continued) 

Fossil generating stations in service include non-operating reserve facilities. As at December 31, 1988, 
the capital cost and accumulated depreciation of these non-operating fossil-fuelled facilities amounted 
to $387 million and $313 million, respectively (1987 — $488 million and $352 million, respectively). 
Substantially all of the undepreciated cost of these facilities is related to the one unit (1987 — two 
units) at the Lennox Generating Station which, based on current forecasts, is expected to return to op- 
eration by the early 1990's. In 1988, one unit at Lennox returned to operation. 

A major portion of the construction in progress as at December 31, 1988, relates to the construction 
program for the Darlington Nuclear Generating Station. The costs associated with this construction 
program, including heavy water, amounted to $8,209 million as at December 31, 1988 (1987 — $6,766 
million). The four generating units at Darlington are planned to be placed in-service over the period 
1989 through 1992 and will provide 3,524 megawatts of dependable capacity. The estimated cost to 
complete the Darlington construction program is $3,175 million, including cost escalation and interest 
of approximately $1,770 million. Cost escalation and interest are forecast to average 5% and 10% per 
year, respectively, over the period 1989 to 1992. Because of the uncertainties associated with long con- 
struction lead times and planned in-service dates, this estimated cost to complete is subject to change. 

In 1988, Ontario Hydro exchanged real estate property at 610 and 620 University Avenue, Toronto, 
Canada for property at 5000 Yonge Street, North York, Canada owned by the Province of Ontario. In 
addition, Ontario Hydro paid a cash adjustment of approximately $17 million to the Province of 
Ontario, representing the difference between the fair market values of the properties. The transaction 
was an exchange of like-use assets which were not held for resale in the ordinary course of business. 
Accordingly, the property at 5000 Yonge Street has been recorded in the accounts of Ontario Hydro at 
the net book value of the property at 610 and 620 University Avenue plus the cash adjustment, and no 
gain or loss has been credited or charged to operations. 



8. Fuel for electric generation 

Inventories — uranium 

— coal 


1988 1987 

millions of dollars 

668 643 

418 381 


— oil 


27 


15 




1,113 


1,039 


9. Unamortized advances for fuel supplies 

Uranium — Rio Algom Limited 


1988 1987 

millions of dollars 
414 422 


— Denison Mines Limited 


334 


345 


Coal 


748 
7 


767 
10 




755 


777 



Unamortized advances for fuel supplies are recovered as fuel is delivered. Over the next five years, the 
amortization of advances for uranium supplies will be approximately $33 million for the contract with 
Rio Algom Limited and approximately $59 million for Denison Mines Limited. 



Notes to Financial Statements 47 

9. Unamortized advances for fuel supplies (continued) 

Ontario Hydro has entered into long-term contracts with Denison Mines Limited and Rio Algom 
Limited for uranium supplies through to 2012 and 2027, respectively. Ontario Hydro's current forecast 
of the annual requirements for uranium is approximately 1,300 megagrams for 1989, increasing to ap- 
proximately 1,700 megagrams by 1994. The uranium inventory as at December 31, 1988, and the con- 
tracted deliveries through to the end of 1993 are in balance with the forecasted requirements to the end 
of 1993. Commencing in 1994 through to 2012, contracted deliveries exceed forecasted requirements of 
the nuclear generating facilities currently in service and under construction by approximately 1,000 
megagrams per year. Ontario Hydro's options for managing the oversupply include resale of the ura- 
nium and, under specified conditions, cancellation or renegotiation of the contracts. In the event that a 
contract is cancelled, the supplier is not required to refund any outstanding advances. At this time, the 
likelihood of a contract cancellation and the financial implications of pursuing the options are not de- 
terminable. 



10. Unamortized deferred costs 1988 1987 

millions of dollars 

Bruce Heavy Water Plant "D" 185 222 

Wesleyville Generating Station 15 20 

200 242 

Fuel oil contract 116 146 

Coal Purchase Agreement 85 85 

401 473 



Unamortized deferred costs are amounts that the Board of Directors, under its rate setting authority, 
has determined be deferred and amortized for recovery through electricity rates on a straight-line basis 
over a specified period of years. The nature of these costs are described below. 

■ Bruce Heavy Water Plant "D" is an indefinitely deferred project with a low probability of construc- 
tion being resumed. The capital cost of this project and the unamortized deferred costs associated 
with the cancelled Wesleyville Generating Station project are being amortized over the period 1984 
through 1993. Accordingly, $40 million was charged to depreciation in 1988. 

■ Under the terms of the settlement reached by Ontario Hydro and Petrosar Limited in 1987 with re- 
spect to a fuel oil contract, Ontario Hydro paid $150 million to Petrosar Limited and the parties re- 
leased each other from all obligations and claims related to the contract. The net cost of this 
settlement is being amortized over the period 1988 through 1992. Accordingly, $29 million was 
charged to fuel used for electric generation in 1988. 

■ In 1987, Ontario Hydro provided USX Corporation with notification of cancellation of the Coal Pur- 
chase Agreement pursuant to the three year notice period provision in the Agreement. On cancella- 
tion of the Agreement, USX is not required to refund any outstanding pre-production payments made 
in advance of the coal deliveries to Ontario Hydro. The outstanding advances and associated costs as 
at the date of cancellation of the Agreement are estimated to be approximately $85 million and are to 
be amortized over the period 1989, the first year such cost can be reflected in rates, through 1993. Ac- 
cordingly, no amount was charged to operations in 1987 or 1988. If USX Corporation decides not to 
continue operating the Cumberland Mine after the cancellation of the Agreement, Ontario Hydro is 
liable for certain lease obligations and mine shutdown costs. At this time, the likelihood of USX Cor- 
poration deciding not to continue operating the mine is not determinable. Furthermore, the amount 
of such costs in the event of discontinued operation of the mine are subject to negotiation. Accord- 
ingly, no provision for such costs has been reflected in the financial statements. 



48 



Appendix II — Finance 



11. Long-term debt 



Bonds and notes payable . . . 
Other long-term debt 

Less payable within one year 



1988 



1987 



millions of dollars 



25,775 
130 



25,905 
1,665 



24,240 



24,910 

154 



25,064 
1,202 



23,862 



Bonds and notes payable, expressed in Canadian dollars, are summarized by years of maturity and by 
the currency in which they are payable in the following table: 

1988 1987 



Years of Maturity 


Principal 
Outstanding 




Weighted 

Average 

Coupon 

Rate 


Principal 
Outstanding 

Total 

millions 
of dollars 

1,182 
1,696 
1,729 
2,031 
2,007 


Weighted 

Average 

Coupon 

Rate 


Ci 

1988 


madian 

936 

1,028 

1,394 

983 

2,545 

6,886 
4,261 
2,628 
2,619 
1,511 


Foreign 

millions 
of dollars 

708 
640 
281 
927 

42 

2,598 

995 

617 

2,107 

1,553 


Total 

1,644 
1,668 
1,675 
1,910 

2,587 

9,484 
5,256 
3,245 
4,726 
3,064 


percent 

10.9 
10.2 
11.9 
9.8 
12.6 


per cent 


1989 

1990 

1991 

1992 

1993 




1- 5 years 

6-10 years 

11-15 years 

16-20 years 

21-25 years 

26-30 years 


8,645 
5,200 
3,266 
3,475 
4,073 
251 

24,910 

15,406 

9,483 

21 

24,910 


11.5 
10.3 
11.6 
9.9 
11.8 
12.0 




17,905 


7,870 


25,775 

17,905 

7,858 

12 

25,775 


10.9 


11.1 


Currency in which payable: 
Canadian dollars 






United States dollars 








United Kingdom pounds sterling 









Notes to Financial Statements 49 

11. Long-term debt (continued) 

Ontario Hydro has entered into financial arrangements to hedge a portion of the foreign currency ex- 
posure related to principal and interest payments with respect to long-term debt and these arrange- 
ments are primarily in short-term forward exchange contracts. These contracts amounted to United 
States $2,198 million as at December 31, 1988 (1987 — United States $641 million and United Kingdom 
pounds sterling 10 million), having a weighted average Canadian dollar exchange rate of 1.26 (1987 — 
1.34 and 2.31 respectively). These financial arrangements hedge principal and interest payments 
amounting to United States $719 million due in 1989 and the remaining United States $1,479 million 
hedge principal and interest payments due over the period 1990 through 1997. 

Bonds and notes payable in United States dollars include Canadian $5,689 million (1987 — Canadian 
$6,614 million) of Ontario Hydro bonds held by the Province of Ontario and having terms identical 
with Province of Ontario issues sold in the United States on behalf of Ontario Hydro. Bonds and notes 
payable are either held, or guaranteed as to principal and interest, by the Province of Ontario. 

Ontario Hydro has entered into interest rate swap arrangements amounting to Canadian $1,380 mil- 
lion in notional principal as at December 31, 1988 (1987 — Canadian $1,000 million), and expiring in 
1989 through 1993. These arrangements have effectively converted fixed interest rates on long-term 
debt, having a weighted average coupon rate of 10.0% (1987 — 9.9%), to variable interest rates which 
are adjusted quarterly to the prevailing Canadian bankers' acceptance rate. 

Other long-term debt: 

Years of Interest 

Maturity Rate 1988 1987 

per cent millions of dollars 
Balance due to Atomic Energy of Canada Limited 

on purchase of Bruce Heavy Water Plant "A" 1992 7.8 87 104 

Capitalized lease obligation for the Head Office 

building, payable in U.S. dollars 2005 8.0 42 47 

Capitalized lease obligations for 

transport and service equipment 1989 6.3 

to 1994 to 11.9 1 3 



130 154 



Payments required on the above debt, excluding interest, will total $96 million over the next five years. 
The amount payable within one year is $21 million (1987 — $20 million). 



12. Accrued fixed asset removal and irradiated fuel disposal costs 1988 1987 

millions of dollars 
Accrued fixed asset removal costs 

— accrued decommissioning costs 212 162 

— accrued fuel channel removal costs 194 149 

406 311 

Accrued irradiated fuel disposal costs 365 306 

771 617 



50 Appendix II — Finance 



12. Accrued fixed asset removal and irradiated fuel disposal costs (continued) 

Fixed asset removal costs: 

Fixed asset removal costs are the costs of removing certain fuel channels from nuclear reactors which 
are expected to be replaced during the life of the reactors, and the costs of decommissioning nuclear 
and fossil generating stations and heavy water production facilities after the end of their service lives. 
The significant assumptions used in estimating fixed asset removal costs were: 

■ removal of fuel channels in Pickering Nuclear Generating Station "A" units 1 and 2 in the 1984 to 
1988 (1987 — 1984 to 1987) period and units 3 and 4 in the 1997 to 2000 (1987 — 2000 to 2003) period, 
Bruce Nuclear Generating Station "A" in the 2001 to 2011 (1987 — 2002 to 2010) period, Pickering 
"B" in the 2012 to 2017 (1987 — 2012 to 2018) period, and Bruce "B" in the 2014 to 2020 (1987 — 
2013 to 2019) period; 

■ decommissioning of nuclear generating stations in the 2041 to 2065 period on the deferred dismantle- 
ment basis (dismantlement following storage with surveillance for a 30-year period after shutdown of 
the reactors), and a transportation distance of 1,000 kilometres from nuclear generating facilities to 
disposal facilities; 

■ dismantlement of Bruce Heavy Water Plants "A", "B" and "D" in the 1991 to 2005 period; 

■ interest rates through to 2065 ranging from 10% to 11% (1987 — 9% to 10%); and 

■ escalation rates through to 2065 ranging from 4% to 9% (1987 — 4% to 8%). 

Because of possible changes to the above factors and the methods used for decommissioning and fuel 
channel removal, these costs are subject to revision. 

Irradiated fuel disposal costs: 

The significant assumptions used in estimating the future irradiated fuel disposal costs were: 

■ an in-service date of the year 2010 for irradiated nuclear fuel disposal facilities; 

■ a transportation distance of 1 ,000 kilometres from nuclear generating facilities to disposal facilities; 

■ interest rates through to the disposal date ranging from 10% to 11% (1987 — 9% to 10%); and 

■ escalation rates through to the disposal date ranging from 4% to 9% (1987 — 4% to 7%). 

Because of the uncertainties associated with the technology of disposal, and the above factors, these 
costs are subject to change. 



13. Statement of Source of Cash Used for Investment in Fixed Assets 

The Statement of Source of Cash Used for Investment in Fixed Assets reports the investment in fixed 
assets resulting from the cash flows from operations, financing and other activities, and the effects of 
changes in cash and cash equivalents and changes in accounts payable and accrued charges affecting in- 
vestment in fixed assets during the year. This statement focuses on the investment in fixed assets in 
view of Ontario Hydro's current level of construction activities which are financed from two major 
sources, cash provided from operations and cash provided from financing. Cash provided from financ- 
ing represents the amount of cash provided from the issuance of long-term debt and the increase in the 
level of short-term notes payable issued for debt management purposes, less the amount of cash used to 
retire long-term debt. 

The components of cash provided from operations, cash provided from investment in other assets, 
and changes in cash and cash equivalents, defined to be cash and temporary investments net of short- 
term notes payable issued for cash management purposes, are summarized below. 



Notes to Financial Statements 51 

13. Statement of Source of Cash Used for Investment in Fixed Assets (continued) 

1988 1987 

millions of dollars 
Cash provided from operations: 

Net income 626 271 

Items not requiring cash in the current year 

Depreciation 811 723 

Amortization of foreign exchange gains and losses (61) 93 

Provision for irradiated fuel disposal costs 26 36 

Nuclear agreement — payback 11 (23) 

Other 120 37 

Funds provided from operations 1,533 1,137 

Changes in working capital, excluding cash and cash equivalents, 

and long-term accounts payable affecting operations — 

(increase) decrease (165) 67 

Cash provided from operations 1 ,368 1 ,204 



Cash used for investment in other assets: 

Advances and related costs for fuel supplies (2) (11) 

Less repayments and amortization of advances for fuel supplies 27 35 

25 24 

Payment related to fuel oil contract settlement (see note 10) — (150) 

Other (70) (23) 

Cash used for investment in other assets (45) (149) 



Changes in cash and cash equivalents: 

Cash and temporary investments — (increase) decrease (223) 45 

Short-term notes payable issued for cash management 

purposes — (decrease) (2) (3) 

Changes in cash and cash equivalents — (increase) decrease (225) 42 

The reconciliation of the change in fixed assets during the year with the investment in fixed assets for 
the year is summarized below: 

Change in fixed assets 1,989 1 ,883 

Depreciation of fixed assets in service 774 717 

Less depreciation charged to heavy water production and 

construction in progress (95) (89) 

679 628 

Net book value of fixed assets sold or retired 21 13 

Investment in fixed assets 2,689 2,524 



52 Appendix II — Finance 



14. Pension and Insurance Plans 

Ontario Hydro's employee benefit programs include pension and insurance plans. The assets of the 
pension, group life insurance and long-term disability plans and the changes in assets during the year 
are shown in the financial statements of The Pension and Insurance Fund, and are not included in 
Ontario Hydro's financial statements. 

Pension Plan: 

The most recent actuarial valuation for accounting purposes of Ontario Hydro's pension plan was per- 
formed as at December 31, 1987, using management's best estimate of the following significant assump- 
tions which take into consideration the long-term nature of the pension plan: 

■rate used to discount future investment income — 8.50% (1987 — 9.25%), and future pension 
benefits — 8.50% (1987 — 9.25%); 

■ salary escalation rate — 7.00% (1987 — 7.75%); 

■ rate used to estimate ad hoc improvements in pension benefits to partially offset the effect of increase 
in cost of living — 2.50% (1987 — 2.88%); 

■ average retirement age for males — 59.1 (1987 — 58.8) and for females — 60.2 (1987 — 59.8); and 
• average remaining period of service of the employees — 17 years (1987 — 16 years). 

Based on this valuation, the actuarial present value of the accrued pension benefits is estimated to be 
$3,182 million as at December 31, 1988 (1987 — $2,749 million), and the pension plan assets available 
for these benefits were $3,451 million (1987 — $3,151 million). 

The pension costs for 1988 were $40 million based on the most recent actuarial valuation for account- 
ing purposes (1987 — $13 million). This amount is comprised of Ontario Hydro's current service cost of 
$69 million (1987 — $60 million), partially offset by the amortization of $29 million of the net surplus 
(1987 — $47 million). In 1988, approximately $30 million (1987 — $10 million) of the pension costs 
were charged to operations and $10 million (1987 — $3 million) were capitalized. 

On October 21, 1986, the Ontario Hydro Employees' Union, Local 1000 of the Canadian Union of 
Public Employees — C.L.C. filed an application for judicial review in the Supreme Court of Ontario to 
determine whether Ontario Hydro is entitled to apply the pension surplus that has accumulated in 
Ontario Hydro's pension plan to meet the Corporation's contribution with respect to current service 
cost. The hearing on this matter was held on February 5, 1987 and on March 3, 1987, the Supreme 
Court of Ontario rendered its decision that Ontario Hydro has complied with the relevant statutory 
provisions regarding the corporate contribution towards current service cost. The Ontario Hydro Em- 
ployees' Union appealed the court's decision and the hearing on this appeal was held on December 9, 
1988. At this time, the decision of the Supreme Court of Ontario with respect to this appeal and any 
financial implications for Ontario Hydro are not determinable. 

Group Life Insurance Plan: 

The group life insurance plan had assets of $25 million as at December 31, 1988 (December 31, 1987 — 
$31 million). Effective April 1, 1986, the assets are being used to pay the insurance premiums for all 
members of the plan until such time as the assets are fully utilized. 

15. Research and development 

In 1988, approximately $88 million of research and development costs were charged to operations and 
$22 million were capitalized (1987 — $74 million and $17 million, respectively). 

16. Comparative figures 

Certain of the 1987 comparative figures in the Statement of Financial Position and the Statement of 
Source of Cash Used for Investment in Fixed Assets have been reclassified to conform with the 1988 
financial statement presentation. 



Financial and Operating Statistics 53 
Five- Year Summary of Financial and Operating Statistics 

1988 1987 1986 1985 1984 

Revenues millions of dollars 

Primary power and energy 

Municipal utilities 3,824 3,441 3,116 2,891 2,555 

Rural retail customers 1,103 968 885 815 712 

Direct industrial customers 730 675 604 568 516 

5,657 5,084 4,605 4,274 3,783 

Secondary power and energy 156 196 248 351 429 

5,813 5,280 4,853 4,625 4,212 

Costs 

Operation, maintenance and administration 1,354 1,150 1,014 966 884 

Fuel and fuel-related 1,281 1,308 1,089 1,143 1,210 

Depreciation 811 723 705 655 476 

3,446 3,181 2,808 2,764 2,570 

Income before financing charges 2,367 2,099 2,045 1,861 1,642 

Financing charges 

Gross interest 2,845 2,744 2,684 2,551 2,322 

Capitalized interest (1,012) (978) (1,038) (1,166) (1,293) 

Investment income (93) (64) (61) (60) (80) 

Foreign exchange 1 126 213 176 118 

1,741 1,828 1,798 1,501 1,067 

Net income 626 271 247 360 575 

Financial position millions of dollars 

Total assets 34,358 32,657 31,357 29,320 27,301 

Fixed assets 29,975 27,986 26,103 24,149 22,147 

Long-term debt 24,240 23,862 23,494 22,518 20,659 

Equity 5,588 4,962 4,691 4,444 4,084 

Cash flows millions of dollars 

Cash provided from operations 1,368 1,204 1,040 1,055 1,088 

Cash provided from financing 1,575 1,355 1,850 737 1,737 

Cash used for investment in fixed assets 2,673 2,452 2,585 2,644 2,539 

Investment in fixed assets 2,689 2,524 2,523 2,541 2,624 

Financial indicators 

Debt ratio* 1 ) 829 .836 .835 .830 .833 

Cash flow coverage* 2 ) 1.19 1.08 1.05 1.02 .96 

Interest coverage* 3 ) 1.23 1.10 1.09 1.14 1.25 

Primary energy sales* 4 ) millions of kilowatt-hours 
By major customer category 

Municipal utilities 89,607 84,058 80,026 77,011 74,283 

Rural retail customers 18,365 16,599 16,279 15,638 14,732 

Direct industrial customers 20,096 19,561 18,458 18,011 17,816 

128,068 120,218 114,763 110,660 106,831 

Secondary energy sales* 4 ) 5,019 6,515 6,046 8,565 10,627 

Energy and Demand 

Installed dependable peak capacity (megawatts)* 5 ) . . 30,333 30,080 30,701 28,224 26,612 

December primary peak demand (megawatts) 23,012 20,524 20,609 20,473 18,052 

Primary energy made available 

(millions of kilowatt-hours)* 6 ) 134,395 126,455 120,574 116,049 112,293 



54 



Appendix II — Finance 



1988 1987 1986 1985 1984 

Number of primary customers^ 4 ) 

Municipal utilities 316 316 316 316 319 

Rural retail customers 863,039 835,937 813,193 795,022 779,748 

Direct industrial customers 110 108 106 103 105 

Average revenue (4) in cents per kilowatt-hour of total energy sales 

Primary power and energy 

Municipal utilities 4.268 4.094 3.894 3.754 3.440 

Rural retail customers 6.361 6.248 5.901 5.720 5.143 

Direct industrial customers 3.633 3.451 3.272 3.155 2.896 

Secondary power and energy 3.108 3.008 4.102 4.098 4.037 

All classifications combined 4.402 4.203 4.060 3.925 3.586 

Average rate increases expressed as a per cent 

Municipal utilities 4.7 5.2 4.0 8.5 8.0 

Rural retail customers 4.4 6.6 3.8 8.7 7.5 

Direct industrial customers 5.2 5.6 4.3 8.8 7.6 

All primary customers combined 4.7 5.5 4.0 8.6 7.8 

Average cost( 4 X 7 ) in cents per kilowatt-hour of energy generated 

Hydraulic 

Operation, maintenance and administration 270 .276 .213 .187 .184 

Fuel — water rentals 274 .285 .243 .233 .164 

Depreciation and financing charges .386 .465 .413 .399 .384 

.930 1.026 .869 .819 .732 

Nuclear 

Operation, maintenance and administration .... .623 .508 .481 .479 .506 

Fuel — uranium 453 .481 .481 .426 .361 

Depreciation and financing charges 2.078 2.193 2.073 1.889 1.330 

3.154 3.182 3.035 2.794 2.197 

Fossil 

Operation, maintenance and administration 530 .488 .550 .437 .348 

Fuel — coal, gas and oil 2.258 2.600 2.746 2.609 2.500 

Depreciation and financing charges .918 .933 1.367 .997 .597 

3.706 4.021 4.663 4.043 3.445 

Average number of employees 

Regular 24,543 24,066 23,373 23,001 23,150 

Non-regular< 8 ) 7,930 8,081 9,032 8,135 6,463 

Footnotes 

(1) Debt ratio represents debt (bonds and notes payable, short-term notes payable, other long-term 
debt, and accrued fixed asset removal and irradiated fuel disposal costs less unamortized foreign ex- 
change gains and losses) divided by debt plus equity. 

(2) Cash flow coverage ratio represents funds provided from operations plus net interest, and interest 
charged to fuel for electric generation less interest on accrued provisions divided by interest on 
bonds, notes, and other debt. 

(3) Interest coverage represents net income plus interest on bonds, notes, and other debt divided by in- 
terest on bonds, notes, and other debt. 

(4) Figures for 1988 are preliminary. 

(5) Installed dependable peak capacity represents the net output power supplied by all generating 
units, and includes non-operating reserve facilities: 1988 — 2,109 megawatts; 1987 — 2,667 mega- 
watts; 1986 — 3,784 megawatts; 1985 — 3,933 megawatts; and 1984 — 3,999 megawatts. Also in- 
cluded are net firm power purchase contracts. 

(6) Primary energy made available represents primary energy sales plus transmission losses and energy 
used for heavy water production and generation projects. 

(7) Average cost per kilowatt-hour represents the costs attributable to generation but excludes the 
costs related to transmission, distribution and corporate administrative activities. These figures 
reflect the historical accounting costs of operating facilities and the actual energy generated by 
these facilities during the year. 

(8) The majority of non-regular staff are construction trades persons. 



Customers Served 55 

Five- Year Summary of Statistics — Customers Served by Ontario Hydro and 
Associated Municipal Utilities 

1988 1987 1986 1985 1984 



Total number of customers* l ' in thousands 

Residential 2,967 2,868 2,781 2,712 2,652 

Farm 106 106 106 107 107 

Commercial and industrial 390 377 365 354 346 

3,463 3,351 3,252 3,173 3,105 

Average annual use^ in kilowatt-hours per customer 

Residential 11,300 11,019 10,909 10,618 10,590 

Farm 24,795 23,547 23,004 22,618 22,556 

Commercial and industrial 221,600 220,834 216,666 213,673 212,700 

Average revenue^ 1 ) in cents per kilowatt-hour 

Residential 6.30 5.98 5.63 5.42 5.02 

Farm 6.67 6.48 6.00 5.74 5.24 

Commercial and industrial 4.62 4.40 4.20 4.03 3.74 

Footnote 

(1) Figures for 1988 are preliminary. 



56 Appendix II — Finance 



FIXED 
for the year ended 



IN 



Balance 
December Placed 

31,1987 In-Service 



$'000 $'000 
POWER SUPPLY FACILITIES 
Generating stations 

— hydraulic 1,863,321 38,192 

— fossil (note 1) 3,617,325 100,089* 

— nuclear 10,450,130 361,584* 

Heavy water 2,431,802 30,552 

18,362,578 530,417 
Transmission and distribution 

Transmission systems 3,130,869 329,262 

Distribution systems 296,735 22,142 

Communication equipment 211,224 21,184 

Retail distribution 1,491,387 181,653 

5,130,215 554,241 

Total power supply facilities 23,492,793 1,084,658 

ADMINISTRATION AND SERVICE FACILITIES 

Administration and service buildings 436,159 8,504 

Transport and service equipment 730,875 128,613 

Total administration and service facilities 1,167,034 137,117 

HEAVY WATER PRODUCTION FACILITIES 1,127,960 — 

TOTAL FIXED ASSETS 25,787,787 1,221,775 



* Includes reclassification of $71,552 from nuclear to fossil re: Pickering "B" and Bruce "B" CTU's 
final cost allocation adjustments. 

Note (1): Fossil generating stations in service include non-operating reserve facilities. 



Fixed Assets 



57 



ASSETS 
December 31, 


1988 








SERVICE 




Construction 

in Progress 

December 

31, 1988 


Total 

December 

31,1988 




Retired 

or 

Reclassified 


Balance 

December 

31,1988 


Expenditures 
for 1988 


$'000 


$'000 


$'000 


$'000 


$'000 


(2,095) 

(10,648) 

(6,679) 

(15,564) 


1,899,418 

3,706,766 

10,805,035 

2,446,790 


33,238 

65,626 

7,258,212 

1,140,073 


1,932,656 

3,772,392 

18,063,247 

3,586,863 


30,785 

118,441 

1,448,505 

221,666 


(34,986) 


18,858,009 


8,497,149 


27,355,158 


1,819,397 


(5,557) 

(1,965) 

(115) 

(14,210) 


3,454,574 
316,912 
232,293 

1,658,830 


574,792 
45,234 
64,921 
45,636 


4,029,366 
362,146 
297,214 

1,704,466 


473,830 
59,166 
54,411 

181,012 


(21,847) 


5,662,609 


730,583 


6,393,192 


768,419 


(56,833) 


24,520,618 


9,227,732 


33,748,350 


2,587,816 


(10,829) 
(22,101) 


433,834 
837,387 


107,137 
11,591 


540,971 
848,978 


73,656 
127,578 


(32,930) 


1,271,221 


118,728 


1,389,949 


201,234 


(1,488) 


1,126,472 
26,918,311 


— 


1,126,472 
36,264,771 


— 


(91,251) 


9,346,460 


2,789,050 



58 



Appendix II — Finance 



ACCUMULATED DEPRECIATION 

for the year ended December 31, 1988 



POWER SUPPLY FACILITIES 

Generating stations 

— hydraulic 

— fossil (note 1) 

— nuclear 

Heavy water 

Transmission and distribution 

Transmission systems 

Distribution systems 

Communication equipment 

Retail distribution 

Total power supply facilities 

ADMINISTRATION AND 
SERVICE FACILITIES 

Administration and service buildings 
Transport and service equipment . . . 

Total administration and 

service facilities 

HEAVY WATER PRODUCTION 
FACILITIES 

TOTAL ACCUMULATED 
DEPRECIATION 



Balance 

December 

31,1987 


Direct 
Provision 


Indirect 
Provision 


Retirements, 
Sales and 
Transfers 


Balance 

December 

31,1988 


$'000 


$'000 


$'000 


$'000 


$'000 


598,683 
1,337,8% 
1,188,234 

210,018 


30,967 
119,760 
286,482 

41,990 

479,199 


606 


(1,927) 

(10,105) 

(1,054) 


627,723 
1,447,551 
1,474,268 

252,008 


3,334,831 


606 


(13,086) 


3,801,550 


802,007 

83,674 
103,490 
399,111 


70,887 

6,843 

10,631 

52,528 


195 
285 
563 


(3,887) 

(1,525) 

(206) 

(13,453) 


869,007 

89,187 

114,200 

438,749 


1,388,282 


140,889 


1,043 


(19,071) 


1,511,143 


4,723,113 


620,088 


1,649 

10,117 

83,328 

93,445 


(32,157) 

(2,732) 
(23,903) 

(26,635) 


5,312,693 


82,164 
382,830 


108 


89,657 
442,255 


464,994 


108 


531,912 


392,682 


3,042 


50,517 


(1,488) 


444,753 


5,580,789 


623,238 


145,611 


(60,280) 


6,289,358 



Note (1): Fossil generating stations in service include non-operating reserve facilities. 



Bonds and Notes Payable 



59 



DETAILS OF BONDS AND NOTES PAYABLE 
as at December 31, 1988 



Maturity 



Callable 



Year of 
Issue 



Interest 
Rate 



Principal Outstanding 
December 31, 1988 



PAYABLE IN CANADIAN DOLLARS 

January 5, 1989 

February 22, 1989 

May 1,1989 

May 1,1989 

August 14, 1989 

September 20, 1989 

February 1,1990 

February 14, 1990 

February 14, 1990 

March 15, 1990 

May 6, 1990 

September 10, 1990 

March 4, 1991 

March 19, 1991 

December 15, 1991 

December 15, 1991 

December 15, 1991 

April 1,1992 

May 1,1992 

August 15, 1992 

September 18, 1992 

December 15, 1992 

December 15, 1992 

January 15, 1993 

January 15, 1993 

January 15, 1993 

June 1,1993 

June 16, 1993 

June 16, 1993 

June 16, 1993 

June 16, 1993 

September 15, 1993 

October 18, 1993 

December 16, 1993 

December 23, 1993 

February 22, 1994 

March 18, 1994 

April 1,1994 

May 1,1994 

August 28, 1994 

August 28, 1994 

October 1,1994 

November 8, 1994 

December 1,1994 

February 1,1995 

February 1,1995 

May 30, 1995 

June 30, 1995 

November 19, 1995 

November 30, 1995 

January 14, 1996 

February 4, 1996 

April 1,1996 

April 22, 1996 

April 22, 1996 

April 22, 1996 

July 21, 1996 

September 15, 1996 

September 15, 1996 

February 1,1997 

Sub-total 







% 


Can. $'000 


s(i) 








1985 


1967 


6.250 


44,999 


— 


1984 


11.250 


98,373 


— 


1984 


12.500 


149,865 


— 


1984 


12.500 


98,135 


— 


1984 


13.750 


116,763 


1985 


1967 


6.500 


28,000 


— 


1984 


11.500 


144,150 


— 


1985 


10.750 


97,997 


— 


1985 


10.750 


242,499 


1986 


1967 


6.000 


49,000 


— 


1985 


11.250 


237,341 


— 


1985 


10.375 


198,000 


— 


1985 


10.500 


248,000 


— 


1986 


9.500 


198,000 


— 


1986 


9.000 


250,000 


— 


1986 


9.000 


248,000 


— 


1986 


9.000 


200,000 


1988 


1968 


7.000 


50,000 


— 


1987 


8.000 


247,928 


1988 


1968 


7.000 


50,000 


1988 


1968 


7.000 


64,993 


— 


1987 


10.750 


270,032 


— 


1987 


10.750 


300,000 


— 


1987 


9.750 


235,339 


— 


1987 


9.750 


250,000 


— 


1988 


9.750 


200,000 


— 


1988 


9.500 


198,000 


— 


1988 


10.000 


250,000 


— 


1988 


10.000 


150,000 


— 


1988 


10.000 


179,751 


— 


1988 


10.000 


200,000 


— 


1983 


12.000 


97,878 


— 


1983 


11.750 


197,710 


— 


1988 


10.250 


293,400 


— 


1986 


9.000 


292,730 


— 


1984 


12.000 


147,953 


1989 


1969 


7.750 


32,573 


1990 


1970 


9.000 


46,619 


1989 


1969 


7.750 


36,307 


— 


1984 


13.000 


142,460 


— 


1984 


13.000 


124,130 


1989 


1969 


8.250 


22,598 


— 


1984 


12.750 


242,257 


1989 


1969 


8.500 


27,612 


1990 


1970 


9.000 


7,296 


— 


1984 


12.000 


84,318 


— 


1985 


11.250 


195,505 


1990 


1970 


9.000 


56,665 


— 


1985 


10.750 


248,922 


1990 


1970 


8.750 


71,326 


— 


1986 


10.000 


247,887 


1991 


1971 


7.500 


96,337 


1991 


1971 


7.625 


57,765 


— 


1986 


9.000 


197,967 


— 


1986 


9.000 


250,000 


— 


1986 


9.000 


196,525 


1991 


1971 


8.250 


45,526 


1991 


1971 


7.875 


54,468 


1991 


1976 


8.250 


6 


1992 


1972 


7.375 


67,712 



,877,617 



60 



Appendix II — Finance 



DETAILS OF BONDS AND NOTES PAYABLE (Cont'd) 
as at December 31, 1988 







Year of 


Interest 


Principal Outstanding 


Maturity 


Callable 


Issue 


Rate 


December 31, 1988 








% 


Can. $'000 


PAYABLE IN CANADIAN DOLLARS - 


- BONDS (1) (continued) 








Balance carried forward from page 59 








8,877,617 


April 5, 1997 


1992 


1972 


7.625 


72,135 


May 1,1997 


— 


1987 


8.500 


222,583 


September 15, 1997 


1992 


1972 


8.250 


58,065 


February 1,1998 


1993 


1973 


7.750 


55,826 


February 10, 1998 


— 


1988 


10.000 


98,800 


February 10, 1998 


— 


1988 


10.000 


196,821 


May 15, 1998 


1993 


1973 


8.000 


115,568 


June 16, 1998 


— 


1988 


10.375 


150,000 


July 12, 1998 


— 


1988 


10.250 


250,000 


July 12, 1998 


— 


1988 


10.250 


150,870 


July 12, 1998 


— 


1988 


10.250 


143,709 


November 30, 1998 


1993 


1973 


8.500 


45,431 


March 1,1999 


1994 


1974 


8.500 


50,394 


June 14, 1999 


1994 


1974 


9.750 


71,789 


August 15, 1999 


1994 


1974 


10.250 


72,343 


November 15, 1999 


1994 


1974 


10.000 


51,096 


January 10, 2000 


1995 


1975 


9.750 


45,965 


February 10, 2000 


1995 


1975 


9.500 


75,629 


May 21, 2000 


1995 


1975 


10.250 


49,750 


October 30, 2000 


1995 


1975 


10.750 


94,089 


January 29, 2001 


1996 


1976 


10.250 


143,619 


May 18, 2001 


19% 


1976 


10.000 


297,771 


March 3, 2002 


1999 


1982 


17.000 


99,636 


November 30, 2002 


2000 


1982 


12.500 


247,093 


November 30, 2002 


2000 


1983 


12.500 


97,862 


May 1,2003 


2001 


1984 


13.500 


138,477 


Octobers, 2003 


1996 


1976 


9.500 


92,657 


January 6, 2004 


1997 


1977 


9.250 


738,238 


January 25, 2005 


1998 


1978 


9.375 


144,137 


May 1,2005 


1998 


1978 


9.750 


117,249 


April 21, 2006 


2001 


1981 


14.250 


222,709 


June 27, 2008 


2000 


1978 


9.750 


143,568 


August 30, 2008 


2000 


1978 


9.500 


156,3% 


April 4, 2009 


2001 


1979 


10.250 


257,458 


May 10, 2009 


2001 


1979 


10.000 


265,626 


January 15, 2010 


2005 


1985 


10.500 


248,000 


March 25, 2010 


2003 


1980 


13.375 


126,984 


May 14, 2010 


2003 


1980 


13.250 


290,433 


January 29, 2011 


2004 


1981 


13.000 


322,191 
15,098,584 


PAYABLE IN CANADIAN DOLLARS - 


- ADVANCES FROM PROVINCE OF ONTARIO (1) 




May 1,2000 


— 


1980 


13.46 


60,000 


May 5, 2000 


— 


1980 


13.46 


60,000 


May 6, 2000 


— 


1980 


13.46 


21,714 


June 2, 2000 


— 


1980 


12.01 


60,000 


June 3, 2000 


— 


1980 


12.01 


60,000 


June 4, 2000 


— 


1980 


12.01 


42,273 


July 2, 2000 


— 


1980 


11.82 


60,000 


July 3, 2000 


— 


1980 


11.82 


42,564 


August 5, 2000 


— 


1980 


11.61 


60,000 


August 6, 2000 


— 


1980 


11.61 


19,534 


September 2, 2000 


— 


1980 


12.55 


13,915 


July 2, 2001 


— 


1981 


14.81 


60,000 


July 6, 2001 


— 


1981 


14.81 


45,279 


August 4, 2001 


— 


1981 


15.31 


60,000 


August 5, 2001 


— 


1981 


15.31 


33,599 


September 1,2001 


— 


1981 


17.01 


60,000 


September 2, 2001 


— 


1981 


17.01 


27,494 


October 1,2001 


— 


1981 


17.00 


60,000 


October 2, 2001 


— 


1981 


17.00 


28,018 


November 2, 2001 


— 


1981 


17.51 


60,000 


November 3, 2001 


— 


1981 


17.51 


38,463 


December 1,2001 


— 


1981 


15.93 


27,147 


Sub-total 








1,000,000 



Bonds and Notes Payable 



61 



DETAILS OF BONDS AND NOTES PAYABLE (Cont'd) 
as at December 31, 1988 



Maturity 



Callable 



Year of 
Issue 



Interest 
Rate 



Principal Outstanding 
December 31, 1988 



PAYABLE IN CANADIAN DOLLARS - 

Balance carried forward from page 60 

November 10, 2006 

May 1,2007 

May 4, 2007 

May 5, 2007 

May 6, 2007 

May 7, 2007 

August 10, 2007 

March 10, 2008 

April 8, 2008 

May 10, 2008 

June 10, 2008 

August 10, 2008 

September 9, 2008 

November 10, 2008 

December 9, 2008 



PAYABLE IN CANADIAN DOLLARS — NOTES (1) 
Short-term notes — 

Long-term notes — 

Total Bonds and Notes Payable in Canadian Dollars 



% Can. $'000 

ADVANCES FROM PROVINCE OF ONTARIO (1) (continued) 







1,000,000 


1986 


9.46 


119,000 


1987 


9.13 


41,756 


1987 


9.13 


50,000 


1987 


9.13 


50,000 


1987 


9.13 


50,000 


1987 


9.13 


50,000 


1987 


9.72 


60,522 


1988 


9.62 


86,437 


1988 


9.62 


141,348 


1988 


10.07 


125,000 


1988 


10.31 


69,393 


1988 


10.06 


43,880 


1988 


10.23 


19,373 


1988 


10.10 


123,586 


1988 


9.93 


66,739 
2,097,034 




Various 


500,000 




Various 


709,000 



1,209,000 
18,404,618 



Maturity 



Exchange Rate 
at Date of Issue 



Callable 



Year of 
Issue 



Interest 
Rate 



Principal Outstanding 
December 31, 1988 



PAYABLE IN UNITED STATES DOLLARS ■ 



April 25, 1989 
September 15, 1990 
November 5, 1991 
February 25, 1992 
August 31, 1992 
April 4, 1994 
March 15, 1996 
April 1,19% 
April 15, 1997 
December 1, 1997 
August 1,1998 
February 15, 1999 
September 1,1999 
February 15, 2000 
August 1,2000 
May 15, 2001 
May 15, 2002 
December 15, 2002 
October 15, 2003 
March 15, 2004 
October 1,2004 
March 1,2005 
June 15, 2005 
November 15, 2005 
January 15, 2007 
September 15, 2007 
January 5,2008 
June 1,2008 
November 30, 2008 
March 1,2009 
September 20, 2009 
May 1,2011 
November 5, 2011 
March 15, 2012 
August 31, 2012 
March 10, 2013 
April 25, 2013 



1.2277 
1.0762 
1.1931 
1.22% 
1.2373 
1.2789 
.9850 
1.0781 
1.0822 
1.0812 
1.0731 
1.0744 
1.0778 
1.0725 
1.0200 
1.0098 
.9900 
.9%5 
1.0003 
.9706 
.9818 
1.0024 
1.0260 
1.0122 
1.0226 
1.0744 
1.0948 
1.1180 
1.1715 
1.1863 
1.1677 
1.1993 
1.1931 
1.2167 
1.2373 
1.2264 
1.2277 



BONDS (1)(4) 
1975(2) 



-0) 
1981(2) 
1982(2) 
1982(2) 
1983(2) 
1984(2) 
1984(2) 
1985(2) 
1985(2) 
1986(2) 
1987(2) 
1987(2) 
1998(2) 
1989(2) 
1989(2) 
1990(2) 
1990(2) 
1990(2) 
1992(2) 
1992(2) 
1993(2) 
1993(2) 
1993(2) 
1994(2) 
1994(2) 
1996(2) 
19%(2) 
1997(2) 
1997(2) 
1998(2) 
1998(2) 



US $'000 Can. $'000 



1983 


10.500 


200,000 


238,540 


1%5 


4.750 


43,819 


52,263 


1981 


16.000 


99,650 


118,853 


1982 


15.750 


196,815 


234,741 


1982 


14.625 


194,625 


232,129 


1984 


12.500 


250,000 


298,175 


1976 


9.500 


364,000 


434,143 


1966 


5.500 


28,423 


33,900 


1%7 


5.625 


53,770 


64,131 


1%7 


6.875 


60,510 


72,170 


1%8 


7.125 


56,260 


67,101 


1%9 


7.375 


58,305 


69,540 


1969 


8.375 


66,375 


79,165 


1970 


9.250 


57,880 


69,034 


1970 


9.250 


43,135 


51,447 


1971 


7.850 


70,435 


84,008 


1972 


7.700 


77,850 


92,852 


1972 


7.300 


66,475 


79,285 


1973 


7.900 


76,410 


91,134 


1974 


8.600 


99,665 


118,870 


1974 


10.250 


160,840 


191,834 


1975 


8.875 


160,095 


190,945 


1975 


9.125 


121,820 


145,295 


1975 


9.250 


163,070 


194,494 


1977 


8.400 


254,375 


303,393 


1977 


8.375 


171,020 


203,976 


1978 


8.750 


228,780 


272,866 


1978 


9.375 


180,745 


215,575 


1978 


9.375 


226,080 


269,646 


1979 


9.750 


258,120 


307,860 


1979 


9.875 


267,125 


318,600 


1981 


15.125 


165,535 


197,434 


1981 


17.000 


149,845 


178,720 


1982 


15.750 


178,585 


212,998 


1982 


15.250 


90,500 


107,939 


1983 


11.500 


95,775 


114,231 


1983 


11.750 


97,215 


115,948 



5,133,927 6,123,235 





% 


US $'000 


Can. $'000 


5 (1)(4) 








1982 


14.750 


150,000 


178,905 


1982 


11.250 


200,000 


238,540 


1983 


10.250 


250,000 


298,175 


1983 


11.750 


200,000 


238,540 


1981 


13.500 


100,000 


119,270 


1982 


15.000 


150,000 


178,905 


1982 


12.750 


200,000 


238,540 


1984 


11.625 


200,000 


238,540 



62 Appendix II — Finance 

DETAILS OF BONDS AND NOTES PAYABLE (Cont'd) 
as at December 31, 1988 

Exchange Rate Year of Interest Principal Outstanding 

Maturity at Date of Issue Callable Issue Rate December 31, 1988 

PAYABLE IN UNITED STATES DOLLARS — EURODOLLAR BONDS (1)(4) 

April 29, 1989 1.2222 — 

December 30, 1989 1.2187 — 

May 19, 1990 1.2328 — 

September 29, 1990 1.2328 — 

February 26, 1991 1.1975 — 

August 5, 1992 1.2481 — 

October 14, 1992 1.2288 — 

February 9, 1994 1.2457 — 



PAYABLE IN UNITED STATES DOLLARS — NOTES (1)(4) 
Long-term notes 

— NEI Parsons Ltd. Various — 

— North Carolina Bank Various — 

Total Bonds and Notes Payable in United States Dollars 

PAYABLE IN UNITED KINGDOM POUNDS STERLING — NOTE! 

Long-term notes 

— NEI Parsons Ltd. Various — 

(1) Bonds and notes payable in United States dollars include $5,689 million of Ontario Hydro bonds held by the Province of 
Ontario and having terms identical with Province of Ontario issues sold in the United States on behalf of Ontario Hydro. All 
bonds and notes payable are either held, or guaranteed as to principal and interest, by the Province of Ontario. 

(2) Callable at various declining premiums. 

(3) Payable 1988-1995 in annual installments of 5.5% of original amount of note of $650 million. 

(4) Bonds and notes payable in foreign currencies are translated to Canadian dollars at year end exchange rates. 







1,450,000 


1,729,415 






6,583,927 


7,852,650 


1982-85 


8.500 


610 


727 


1984-85 


8.500 


4,189 


4,997 




4,799 


5,724 






6,588,726 


7,858,374 


0(4) 


UK £'000 


Can. $'000 


1985 


11.000 


5,655 


12,204 



Allocations of the Charges for Primary Power 63 

SUMMARY OF THE ALLOCATION OF THE AMOUNTS 
CHARGED FOR PRIMARY POWER 
for the year ended December 31, 1988 

POWER DISTRICT 



Rural Direct 

Municipal Retail Industrial 

Utilities Customers Customers 



371,750 


312,908 


2,494,436 


379,258 


410,295 


2,601,882 


751,008 


723,203 


5,096,318 


19,528 


8,807 


81,763 


22,3% 


5,024 


129,842 


25,070 


— 


27,208 


— 


— 


353 


19,600 


704 


20,698 


(409) 


(21,026) 


(22,269) 



$'000 $'000 $'000 

AMOUNTS CHARGED FOR PRIMARY POWER 
Common Function 

Common Demand (Note 1) 1,809,778 

Energy at 20.50 Mills per kWh (Note 2) 1,812,329 

Total Common Function 3,622,107 

Non-Common Functions 

Customer Administration (Note 3) 53,428 

Transformation (Note 4) 102,422 

Power District Distribution Stations (Note 5) 2,138 

Municipal Distributors' Specific Distribution Stations (Note 6) . . . 353 

Distribution Lines (Note 7) 394 

Sundry (Note 8) (834 ) 

Total Non-Common Functions 157,901 86,185 (6,491) 

Total Bulk Charges Allocated 3,780,008 

Rural Retail Distribution Charges Allocated (Note 11) — 

Total Amount Charged for Primary Power (Note 10) .... 3,780,008 

Amounts Billed (Notes 10 and 12) 3,759,803 

Variance Between Amounts Charged for Primary Power and 

Amounts Billed 20,205 

Balance Refunded to Municipal Utilities (20,205) 

Interest on Power District Accumulated Deficit — 

(Surplus)/Deficit Transferred to Reserve for Stabilization of 

Rates and Contingencies for the Power District (Note 9) — 

Primary Power and Energy Supplied (Note 10) 

Average of Monthly Peak Load (Costing Load) Used in Allocating 

the Amounts Charged for Bulk Power — MW 13,827 2,840 2,391 

Energy — GWh 88,406 18,500 20,014 



837,193 

242,003 

1,079,196 
1,102,510 

(23,314) 

(23,314) 
2,140 

(21,174) 



716,712 
727,995 

(11,283) 

(11,283) 
504 

(10,779) 



TOTAL 



$'000 



237,595 



716,712 5,333,913 



242,003 



5,575,916 
5,590,308 



(14,392) 
(20,205 ) 

(34,597) 
2,644 



(31,953) 



Note: Columns may not add due to rounding. 



64 Allocations of the Charges for Primary Power 

NOTES TO SUMMARY OF THE ALLOCATION OF THE AMOUNTS CHARGED FOR PRIMARY POWER 

1 . The common demand function performed in the production and supply of power is considered to be used by all customers in 
relation to demand requirements and is allocated to the customer classes based, on costing load, as follows: 

Rural Direct 

Municipal Retail Industrial 

Utilities Customers Customers 

$/kW $/kW $/kW 

Common Demand 130.90 130.90 130.87 

The demand charge is the per kilowatt charge for primary power, exclusive of energy cost. 

2. The portion of the amount charged for primary power attributable to producing energy, rather than meeting demand re- 
quirements, has been classified as energy charge. For allocation purposes, this charge has been established at 20.50 Mills per 
kWh. 

3. Customer administration charges are those associated with customer service activities and interest costs, associated with the 
supply of bulk power, that can be specifically identified with municipal utilities, the rural retail customer class or the direct 
industrial customer class. 

4. Transformation charges are those associated with transformation stations that step power down from above to below 50 kV. 

5. Power District Distribution Stations charges are those associated with low voltage distribution stations that exclusively serve 
the power district and those that are shared between the power district and one or more municipal distributors. 

6. Municipal Distributors' Specific Distribution Stations charges are those associated with low voltage distribution stations that 
exclusively serve municipal distributors. 

7. Distribution Lines' charges are those associated with segments of low voltage lines that exclusively serve an individual dis- 
tributor and lie within its boundary. 

8. Sundry charges are those associated with rate discounts and contract adjustments to customers for special service conditions. 

Included in the total amount charged for primary power to municipalities is a discount applied to the following municipalities 
for taking power at the 230 kV voltage level: 

Municipality 

$'000 

Hamilton (248) 

Markham (306) 

Waterloo -Wellesley- Woolwich (280 ) 

(834) 

9. The provision for stabilization of rates and contingencies for 1988 as shown on the Statement of Operations consists of: 

$'000 

Common Function 249,291 

Non-Common Functions 1 ,002 

Rural Retail Distribution Function 2,895 

Surplus (deficit) of Rural Retail Customers 21 ,174 

Surplus (deficit) of Direct Industrial Customers 10,779 

Interest on Reserve 133 

285,274 

10. The Distributing Companies served by Ontario Hydro are costed with secondary revenue and therefore excluded from this 
Summary. For 1988 financial statement purposes, these distributing companies were treated as Municipal Utilities. Accord- 
ingly, the revenue and energy figures reported for Municipal Utilities in the 1988 Financial Statements are higher than those 
reported in this Summary. 

11. $'000 

Gross Rural Retail Distribution Charges Allocated 332,591 

Less Rural Rate Assistance 90,588 

Rural Retail Distribution Charges Allocated 242,003 

12. The delivered demand loads (billed loads) for 1988 are: 

Municipal Utilities 13,827,013 MW 

Rural Retail Customers 3,177,687 MW 

Direct Industrial Customers 2,883,392 MW 



66 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 
Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Ailsa Craig 

Ajax 

Alexandria 

Alfred 

Alliston 

Almonte 

Alvinston 

Amherstburg 

Ancaster 

Apple Hill 

Arkona 

Arnprior 

Arthur 

Atikokan Twp 

Aurora 

Avonmore 

Aylmer 

Bancroft 

Barrie 

Barry's Bay 

Bath 

Beachburg 

Beeton 

Belle River 

Belleville 

Belmont 

Blandford-Blenheim. 

Blenheim 

Bloomfield 

Blyth 

Bobcaygeon 

Bothwell 

Bracebridge 

Bradford 

Brampton 

Brantford 

Brantford Twp 

Brechin 

Brighton 

Brock 



kW 

1,267.6 
56,308.7 
9,567.3 
2,526.9 
8,642.5 

5,384.3 

992.7 

14,615.0 

6,130.9 

304.3 

600.5 
18,908.2 
3,914.8 
8,357.2 

37,842.5 

367.6 

10,089.2 

5,490.7 

104,489.4 

2,085.6 

1,542.5 
1,046.5 
2,213.2 
4,914.0 
77,365.2 

1,507.8 
2,947.5 
8,133.3 
1,473.9 
2,072.2 

5,036.7 

1,422.7 

5,716.9 

10,627.1 

342,607.0 

126,644.1 

19,648.1 

551.2 

6,104.7 

8,143.6 



kW.h '000 
7,550.1 

353,355.1 
54,511.2 
15,098.1 
51,856.2 

30,514.4 

5,895.2 

88,215.8 

34,356.6 

1,762.3 

3,531.6 

126,796.3 

24,865.0 

56,529.6 

239,085.3 

2,069.9 

60,978.6 

30,144.5 

664,394.7 

10,774.3 

8,756.9 

6,044.7 

13,245.1 

29,364.9 

494,618.9 

9,070.1 
18,349.3 
48,994.3 

8,599.1 
12,561.5 

29,389.8 

8,449.8 

30,119.3 

65,203.9 

2,166,883.4 

797,232.3 

120,796.1 

3,107.2 

36,833.7 

49,800.0 



$ 

170,822 
7,588,160 
1,289,289 

340,525 
1,164,663 

725,588 

133,776 

1,969,517 

826,200 

41,007 

80,923 

2,548,069 

527,558 

1,126,216 

5,094,665 

49,538 

1,359,621 

739,927 

14,080,992 

281,055 

207,867 
139,321 
298,251 
662,211 
10,425,734 

203,191 
397,205 
1,096,044 
198,623 
279,250 

678,746 

191,723 

770,409 

1,432,108 

46,169,719 

17,066,559 

2,647,778 

74,280 

822,669 

1,097,432 



$ 

154,777 
7,243,780 
1,117,480 

309,513 
1,063,054 

625,545 

120,854 

1,808,424 

704,312 

36,129 

72,398 

2,599,326 

509,735 

1,158,857 

4,901,248 

42,433 

1,250,061 

617,964 

13,620,093 

220,875 

179,516 
123,916 
271,527 
601,980 
10,139,687 

185,937 
376,163 
1,004,385 
176,284 
257,511 

602,491 

173,221 

617,446 

1,336,682 

44,421,110 

16,343,262 

2,476,322 

63,700 

755,091 

1 ,020,902 



$ 
10,344 
459,479 
78,069 
20,620 
70,523 

43,936 

8,100 

119,258 

50,028 
2,483 

4,900 
154,291 
31,945 
68,195 

313,781 

3,000 

82,328 

44,804 

852,634 

17,019 

12,587 

8,539 

18,060 

40,098 

631,300 

12,304 
24,052 
66,368 
12,027 
16,909 

41,099 
11,609 
46,650 
86,717 
2,795,673 

1,033,416 

160,329 

4,498 

49,814 

66,452 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



67 





Municipal 


Total 














Distrib- 


Amount 














utors' 


Charged 












Distrib- 


Distrib- 


for 












ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 




$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


— 


— 


349,328 


345,958 


3,370 


153.48 


275.58 


46.27 


— 


— 


15,291,419 


15,138,389 


153,030 


142.92 


271.56 


43.27 


4,802 


— 


2,489,641 


2,459,538 


30,103 


143.42 


260.22 


45.67 


— 


— 


697,342 


691,353 


5,989 


153.48 


275.97 


46.19 


10,474 


— 


2,308,714 


2,288,494 


20,220 


144.13 


267.13 


44.52 








1,395,069 


1,372,878 


22,191 


142.92 


259.10 


45.72 


— 


— 


272,990 


272,097 


893 


153.26 


275.01 


46.31 


— 


■ — 


3,902,788 


3,894,647 


8,141 


143.30 


267.04 


44.24 


— 


— 


1,580,541 


1,577,376 


3,165 


142.92 


257.80 


46.00 


— 


— 


82,833 


81,938 


895 


153.50 


272.24 


47.00 


— 





164,563 


164,675 


(112) 


153.47 


274.03 


46.60 


10,143 


— 


5,311,829 


5,245,732 


66,097 


143.46 


280.93 


41.89 


12,296 


— 


1,081,534 


1,074,642 


6,892 


146.06 


276.27 


43.50 


— 


— 


2,353,268 


2,334,358 


18,910 


142.92 


281.59 


41.63 


— 


— 


10,309,694 


10,167,434 


142,260 


142.92 


272.44 


43.12 








98,852 


98,782 


70 


153.47 


268.89 


47.76 


— 


— 


2,692,010 


2,657,356 


34,654 


142.92 


266.82 


44.15 


— 


28,116 


1,430,811 


1,409,505 


21,306 


148.04 


260.59 


47.46 


— 


— 


28,553,718 


28,294,550 


259,168 


142.92 


273.27 


42.98 


— 


8,040 


531,216 


525,720 


5,496 


148.80 


254.71 


49.30 


— 


_ 


416,115 


410,791 


5,324 


153.39 


269.77 


47.52 


— 


— 


282,463 


278,600 


3,863 


151.51 


269.92 


46.73 


4,181 


15,312 


607,331 


606,131 


1,200 


151.73 


274.41 


45.85 


1,863 


9,924 


1,316,076 


1,308,695 


7,381 


145.32 


267.82 


44.82 


— 


— 


21,196,722 


21,047,988 


148,734 


142.92 


273.98 


42.85 


— 


_ 


417,146 


412,099 


5,047 


153.34 


276.66 


45.99 


— 


— 


817,920 


812,560 


5,360 


149.88 


277.50 


44.57 


— 


— 


2,166,796 


2,159,245 


7,551 


142.92 


266.41 


44.23 


— 


— 


386,933 


382,713 


4,220 


142.92 


262.52 


45.00 


4,181 


— 


574,218 


570,636 


3,582 


152.83 


277.10 


45.71 


— 


— 


1,322,336 


1,294,113 


28,223 


142.92 


262.54 


44.99 


— 


— 


391,492 


390,134 


1,358 


153.42 


275.17 


46.33 


— 


— 


1,434,505 


1,415,225 


19,280 


142.92 


250.92 


47.63 


— 


— 


2,855,507 


2,821,145 


34,362 


142.92 


268.70 


43.79 


— 


— 


93,386,502 


92,896,626 


489,876 


142.92 


272.58 


43.10 


— 


_ 


34,443,237 


34,340,032 


103,205 


142.92 


271.97 


43.20 


5,382 


— 


5,289,811 


5,254,811 


35,000 


143.19 


269.23 


43.79 


— 


— 


148,298 


146,956 


1,342 


153.49 


269.07 


47.73 


— 


— 


1,627,575 


1,608,379 


19,196 


142.92 


266.61 


44.19 


— 


— 


2,198,310 


2,175,144 


23,166 


144.58 


269.94 


44.14 



see notes on page 64 



68 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Brockville 

Brussels 

Burford 

Burk's Falls 

Burlington 

Cache Bay 

Caledon 

Cambridge-North Dumfries 

Campbellford 

Capreol 

Cardinal 

Carleton Place 

Casselman 

Chalk River 

Chapleau Twp 

Chatham 

Chatsworth 

Chesley 

Chesterville 

Clifford 

Clinton 

Cobden 

Cobourg 

Cochrane 

Colborne 

Coldwater 

Collingwood 

Comber 

Cookstown 

Cottam 

Creemore 

Dashwood 

Deep River 

Delaware 

Delhi 

Deseronto 

Drayton 

Dresden 

Dryden 

Dublin 



kW 

47,415.3 

1,635.4 

1,486.2 

2,289.9 

202,689.3 

1,004.1 
12,621.4 
160,481.5 
6,209.4 
4,437.9 

1,968.5 
9,860.1 
4,118.3 
1,224.0 
5,850.0 

71,335.3 

751.3 

3,332.9 

4,373.2 

1,101.5 

4,777.5 
1,702.6 
30,913.0 
9,515.1 
3,097.5 

2,184.2 
36,778.1 
1,152.0 
1,493.4 
1,170.2 

2,192.7 
642.2 

9,727.9 
767.4 

5,489.1 

2,683.0 
1,387.2 
5,494.2 
10,472.9 
586.4 



kW.h '000 

299,297.5 

10,355.2 

9,868.4 

12,346.3 

1,238,602.9 

5,541.5 

71,783.9 

978,208.9 

32,326.1 

28,550.0 

12,103.4 
61,029.5 
24,385.7 
7,444.5 
35,040.4 

438,257.4 
4,438.5 
19,585.3 
25,970.3 
6,871.2 

29,020.0 

9,683.2 

194,131.8 

58,312.8 

19,541.8 

12,645.1 
243,412.2 
6,456.7 
8,965.3 
6,583.1 

13,383.0 
3,684.9 

53,040.4 
4,413.8 

32,801.6 

16,171.5 

8,687.1 
33,756.3 
66,415.7 

3,150.5 



6,389,686 

220,387 

200,280 

308,587 

27,314,410 

133,439 

1,700,860 

21,626,487 

836,779 

598,051 

265,275 
1,328,747 
554,982 
162,903 
788,346 

9,613,145 
101,245 
449,142 
589,332 
148,438 

643,816 

227,602 

4,165,836 

1,282,255 

417,419 

293,745 
4,956,217 
155,244 
201,251 
157,696 

295,488 

86,543 

1,300,610 

103,415 

739,711 

361,561 

186,939 

740,398 

1,411,328 

79,023 



$ 

6,135,601 

212,282 

202,304 

253,099 

25,391,359 

113,603 

1,471,570 

20,053,282 

662,685 

585,275 

248,120 
1,251,105 
499,909 
152,614 
718,328 

8,984,277 

90,989 

401,501 

532,391 

140,860 

594,912 

198,506 

3,979,704 

1,195,414 

400,609 

259,225 
4,989,952 
132,362 
183,791 
134,954 

274,354 

75,540 

1,087,330 

90,485 

672,435 

331,518 

178,088 

692,006 

1,361,522 

64,585 



$ 

386,909 

13,345 

12,127 

18,686 

1,653,945 

8,193 

102,991 

1,309,529 

50,669 

36,213 

.16,063 

80,458 

33,605 

9,988 

27,414 

582,096 
6,131 
27,196 
35,685 



38,984 

13,893 

252,250 

25,276 

17,823 
300,109 
9,400 
12,186 
9,549 

17,892 
5,240 

79,380 
6,262 

44,791 

21,893 
11,320 

44,833 
85,459 
4,785 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



69 





Municipal 


Total 












Distrib- 


Amount 












utors' 


Charged 










Distrib- 


Distrib- 


for 










ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


— 


— 


12,912,195 


12,828,055 


84,140 


142.92 


272.32 


43.14 


— 


— 


463,283 


463,876 


(593) 


153.48 


283.28 


44.74 


— 


— 


430,406 


428,953 


1,453 


153.48 


289.60 


43.61 


— 


— 


595,165 


587,423 


7,742 


149.38 


259.90 


48.21 


— 


— 


54,359,714 


54,090,976 


268,738 


142.92 


268.19 


43.89 








265,838 


263,605 


2,233 


151.62 


264.76 


47.97 


4,264 


— 


3,279,685 


3,274,452 


5,233 


143.26 


259.85 


45.69 


— 


— 


42,989,298 


42,720,424 


268,874 


142.92 


267.88 


43.95 


— 


— 


1,550,132 


1,545,624 


4,508 


142.92 


249.64 


47.95 


— 


— 


1,219,540 


1,208,456 


11,084 


142.92 


274.80 


42.72 








529,458 


526,786 


2,672 


142.92 


268.96 


43.74 


— 


— 


2,660,310 


2,647,564 


12,746 


142.92 


269.80 


43.59 


— 


— 


1,127,964 


1,113,466 


14,498 


152.50 


273.89 


46.26 


— 


— 


338,431 


335,518 


2,913 


151.81 


276.50 


45.46 


— 


— 


1,569,566 


1,543,489 


26,077 


145.51 


268.30 


44.79 








19,179,518 


19,198,382 


(18,864) 


142.92 


268.86 


43.76 


— 


— 


206,099 


203,276 


2,823 


153.22 


274.33 


46.43 


2,070 


— 


879,909 


876,015 


3,894 


143.54 


264.01 


44.93 


— 


— 


1,157,409 


1,146,480 


10,929 


142.92 


264.66 


44.57 


— 


— 


309,918 


305,865 


4,053 


153.48 


281.35 


45.10 


2,650 





1,280,362 


1,268,108 


12,254 


143.48 


268.00 


44.12 


— 


— 


457,981 


453,620 


4,361 


152.40 


268.98 


47.30 


— 


— 


8,397,790 


8,311,680 


86,110 


142.92 


271.66 


43.26 


— 


— 


2,477,669 


2,456,674 


20,995 


134.76 


260.39 


42.49 


— 


— 


843,304 


829,829 


13,475 


142.92 


272.25 


43.15 


— 





591,014 


580,178 


10,836 


151.90 


270.59 


46.74 


— 


— 


10,246,278 


10,114,310 


131,968 


142.92 


278.60 


42.09 


— 


— 


309,171 


307,709 


1,462 


153.48 


268.38 


47.88 


— 


12,516 


409,743 


405,043 


4,700 


151.31 


274.38 


45.70 


— 


— 


314,482 


313,040 


1,442 


153.42 


268.75 


47.77 


_ 


— 


610,660 


599,844 


10,816 


153.38 


278.50 


45.63 


— 


— 


174,010 


173,043 


967 


153.33 


270.95 


47.22 


— 


— 


2,570,047 


2,553,182 


16,865 


152.42 


264.19 


48.45 


— 


— 


208,086 


202,180 


5,906 


153.25 


271.17 


47.14 


— 


— 


1,456,937 


1,478,414 


(21,477) 


142.92 


265.43 


44.42 


_ 


18,468 


733,440 


728,925 


4,515 


149.80 


273.37 


45.35 


— 


— 


390,995 


387,434 


3,561 


153.48 


281.85 


45.01 


— 


— 


1,477,237 


1,478,201 


(964) 


142.92 


268.87 


43.76 


4,678 


— 


2,862,987 


2,831,498 


31,489 


143.37 


273.37 


43.11 


— 


— 


154,544 


154,087 


457 


153.41 


263.56 


49.05 



see notes on page 64 



70 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Dundalk 

Dundas 

Dunnville 

Durham 

Dutton 

East York 

East Zorra-Tavistock . 

Eganville 

Elmvale 

Elmwood 

Elora 

Embrun 

Erieau 

Erin 

Espanola 

Essex 

Etobicoke 

Exeter 

Fenelon Falls 

Fergus 

Finch 

Flamborough 

Flesherton 

Forest 

Fort Frances 

Frankford 

Georgina 

Glencoe 

Gloucester 

Goderich 

Goulbourn 

Grand Bend 

Grand Valley 

Granton 

Gravenhurst 

Grimsby 

Guelph 

Haldimand 

Halton Hills 

Hamilton 



kW 

3,215.0 
23,977.2 
7,443.8 
3,635.9 
1,185.6 

130,067.4 
3,930.7 
1,875.5 
2,987.3 

372.7 

4,049.4 
4,946.2 
957.2 
7,381.8 
8,429.3 

9,301.3 
596,526.5 
7,475.2 
4,242.5 
17,845.9 

771.2 

4,031.6 

1,271.9 

4,864.9 

12,472.7 

3,020.3 
5,092.1 

3,212.4 

118,151.1 

17,887.6 

5,002.7 
2,522.9 
1,914.3 
584.3 
7,506.0 

21,259.6 

168,888.0 

8,857.2 

58,111.6 

889,274.2 



kW.h '000 

19,568.5 

144,632.2 

45,138.2 

21,407.8 

7,149.1 

854,766.1 

23,991.1 

10,699.5 

18,803.6 

2,247.6 

24,934.3 
29,139.7 
5,780.3 
54,235.1 
51,043.3 

52,598.1 
3,817,700.0 
45,720.9 
24,989.8 
114,450.1 

4,584.6 
24,423.6 

7,249.5 
28,504.4 
68,208.8 

18,111.9 

31,143.1 

18,370.2 

725,742.8 

114,761.7 

29,342.7 
14,869.4 
11,949.6 
2,845.9 
45,491.9 

129,229.4 

1,085,525.5 

54,597.4 

362,773.7 
6,335,095.9 



$ 

433,253 

3,231,167 

1,003,126 

489,974 

159,771 

17,527,883 

529,701 

252,742 

402,569 

50,225 

545,697 
666,550 
128,992 
994,771 
1,135,932 

1,253,443 

80,387,911 

1,007,358 

571,719 

2,404,913 

103,927 
543,298 
171,401 
655,594 
1,680,821 

407,016 

686,211 

432,903 

15,922,042 

2,410,533 

674,164 

339,986 

254,738 

78,740 

1,011,509 

2,864,944 

22,759,347 

1,193,596 

7,831,119 

119,838,591 



$ 
401,154 
2,964,960 
925,335 
438,862 
146,557 

17,522,705 

491,820 

219,342 

385,476 

46,078 

511,155 

597,364 

118,498 

1,111,820 

1,046,388 

1,078,263 

78,262,850 

937,281 

512,293 

2,346,227 

93,986 

500,684 

148,617 

584,342 

1,398,280 

371,296 

638,434 

376,591 

14,877,729 

2,352,617 

601,525 
304,825 
244,967 
58,343 
932,586 

2,649,203 

22,253,275 

1,119,247 

7,436,861 

129,869,468 



$ 
26,234 
195,654 
60,741 
29,669 
9,675 

1,061,350 
32,075 
15,304 

24,376 
3,041 

33,043 
40,361 
7,811 
60,235 
68,783 

75,899 
4,867,656 
60,998 
34,619 
145,623 

6,293 
32,898 
10,379 
39,698 



24,646 
41,552 
26,213 
642,544 
145,963 

40,822 
20,587 
15,621 
4,768 
61,249 

173,478 

1,364,722 

72,275 

474,191 
6,350,910 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



71 





Municipal 


Total 














Distrib- 


Amount 














utors' 


Charged 












Distrib- 


Distrib- 


for 












ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


1,201 


— 


861,843 


851,840 


10,003 


143.29 


268.07 


44.04 


— 


— 


6,391,782 


6,369,614 


22,168 


142.92 


266.58 


44.19 


6,914 


— 


1,996,117 


2,003,011 


(6,894) 


143.85 


268.16 


44.22 


- 


— 


958,505 


958,221 


284 


142.92 


263.63 


44.77 




— 


328,522 


327,142 


1,380 


153.47 


277.08 


45.95 


103,914 





36,215,852 


36,088,933 


126,919 


143.72 


278.44 


42.37 


5,548 


— 


1,059,143 


1,056,375 


2,768 


144.33 


269.45 


44.15 


— 


— 


487,388 


477,332 


10,056 


142.92 


259.88 


45.55 


— 


9,324 


821,745 


813,004 


8,741 


146.04 


275.08 


43.70 


— 


— 


103,280 


103,334 


(54) 


153.47 


277.10 


45.95 


1,325 


31,200 


1,122,420 


1,109,218 


13,202 


150.95 


277.18 


45.01 


— 


— 


1,356,507 


1,340,109 


16,398 


153.48 


274.25 


46.55 


— 


— 


265,409 


261,650 


3,759 


153.48 


277.27 


45.92 


— 


— 


2,200,103 


2,189,127 


10,976 


147.43 


298.04 


40.57 


— 


— 


2,251,103 


2,227,616 


23,487 


142.92 


267.06 


44.10 


166 





2,407,771 


2,394,027 


13,744 


142.94 


258.86 


45.78 


— 


— 


163,518,417 


163,379,136 


139,281 


142.92 


274.12 


42.83 


1,325 


— 


2,006,961 


1,989,706 


17,255 


143.10 


268.48 


43.90 


662 


— 


1,119,293 


1,104,970 


14,323 


143.08 


263.83 


44.79 


21,487 


— 


4,918,250 


4,879,397 


38,853 


144.12 


275.60 


42.97 








212,350 


211,193 


1,157 


153.47 


275.34 


46.32 


— 


— 


1,082,738 


1,080,086 


2,652 


144.37 


268.56 


44.33 


— 


— 


343,828 


338,066 


5,762 


153.48 


270.33 


47.43 


1,946 


— 


1,281,580 


1,270,677 


10,903 


143.32 


263.43 


44.96 


— 


— 


3,079,101 


3,048,563 


30,538 


134.76 


246.87 


45.14 


— 


— 


833,237 


823,128 


10,109 


152.95 


275.88 


46.00 


— 


— 


1,366,196 


1,341,117 


25,079 


142.92 


268.30 


43.87 


331 


— 


865,353 


860,113 


5,240 


152.15 


269.38 


47.11 


— 


— 


31,468,657 


31,082,087 


386,570 


140.42 


266.34 


43.36 


— 


— 


4,909,113 


4,902,464 


6,649 


142.92 


274.44 


42.78 


— 


— 


1,369,340 


1,361,311 


8,029 


153.48 


273.72 


46.67 


1,656 


— 


693,643 


686,269 


7,374 


154.12 


274.94 


46.65 


— 


— 


535,541 


530,899 


4,642 


151.79 


279.75 


44.82 


— 


— 


145,525 


143,692 


1,833 


149.20 


249.05 


51.13 


— 


— 


2,005,344 


1,986,991 


18,353 


142.92 


267.16 


44.08 


— 


— 


5,687,625 


5,667,419 


20,206 


142.92 


267.53 


44.01 


— 


— 


46,377,344 


46,205,468 


171,876 


142.84 


274.60 


42.72 


— 


— 


2,404,373 


2,397,176 


7,197 


145.09 


271.46 


44.04 


— 


— 


15,742,171 


15,647,570 


94,601 


142.92 


270.90 


43.39 


— 


— 


255,810,219 


256,018,684 


(208,465) 


141.62 


287.66 


40.38 



see notes on page 64 



72 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Hanover 

Harriston 

Harrow 

Hastings 

Havelock 

Hawkesbury 

Hearst 

Hensall 

Holstein 

Huntsville 

Ingersoll 

Iroquois 

Iroquois Falls 

Kanata 

Kapuskasing 

Kemptville 

Kenora 

Killaloe Stn 

Kincardine 

Kingston 

Kingsville 

Kirkfield 

Kitchener- Wilmot . . 

L'Orignal 

Lakefield 

Lanark 

Lancaster 

Larder Lake Twp. 

Latchford 

Leamington 

Lincoln 

Lindsay 

Listowel 

London 

Lucan 

Lucknow 

Madoc 

Magnetawan 

Markdale 

Markham 



kW 

12,929.7 
3,254.5 
4,715.3 
1,821.1 
2,064.1 

31,143.4 
16,869.5 

3,047.5 
297.4 

8,290.2 

20,219.3 
3,829.6 
4,268.8 

47,814.4 
9,012.0 

5,475.0 

18,207.9 

876.4 

11,762.3 

111,993.2 

8,114.2 

388.8 

289,891.8 

3,282.6 

5,464.6 

1,450.2 

1,421.7 

1,600.0 

631.4 

21,970.5 

5,338.7 

33,071.4 

11,506.4 

444,574.8 

2,402.0 

2,025.1 

2,718.8 

443.6 

3,646.5 

219,813.9 



kW.h '000 
75,799.3 
20,791.8 
25,416.9 
11,304.9 
12,792.9 

203,803.2 
103,823.4 

16,132.9 
1,673.6 

51,616.8 

122,829.7 
24,527.1 
27,068.9 

300,097.9 
55,855.2 

32,849.0 

115,913.6 

5,032.0 

70,420.3 
718,572.7 

48,064.1 

2,218.7 

1,858,466.2 

19,666.5 

32,420.1 

7,694.7 
8,443.3 
9,873.5 
3,904.3 
137,674.7 

31,707.7 

209,369.3 

67,850.0 

2,818,777.6 

14,233.9 

11,941.7 
15,969.3 
2,487.8 
20,306.2 
1,316,150.1 



$ 
1,742,406 
438,576 
635,434 
245,411 
274,105 

4,196,885 

2,273,334 

410,681 

40,078 

1,117,187 

2,724,753 

516,077 

575,263 

6,443,469 

1,214,457 

737,811 

2,453,697 

117,866 

1,585,088 

15,092,204 

1,093,470 

52,395 

39,065,819 

442,363 

736,410 

195,429 
191,588 
215,616 
83,848 
2,960,745 

719,443 

4,456,702 

1,550,602 

59,910,900 

323,694 

272,902 

366,385 

59,780 

491 ,402 

29,621 ,861 



$ 
1,553,888 
426,234 
521,049 
231,753 
262,254 

4,177,968 

2,128,382 

330,724 

34,311 

1,058,144 

2,518,011 

502,808 

554,912 

6,152,009 

1,145,034 

673,405 

2,376,231 

103,158 

1,443,616 

14,730,742 

985,316 

45,485 

38,098,557 

403,165 

664,614 

157,743 

173,088 

202,409 

80,040 

2,822,333 

650,008 

4,292,071 

1,390,925 

57,784,941 

291,797 

244,805 

327,371 

51,002 

416,279 

26,981,042 



$ 
105,506 
26,557 
38,477 
14,860 
16,843 

138,131 
137,655 

24,868 
2,427 

67,648 

164,989 
31,250 
34,833 

250,183 
73,538 

44,676 

7,151 
95,980 
913,865 

66,212 

3,173 

218,433 

26,786 

44,591 

11,834 
11,601 
13,056 

5,152 
179,279 

43,564 

269,863 

93,892 

3,627,730 

19,600 

16,525 
22,185 
3,620 
29,755 
1,075,731 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



73 





Municipal 


Total 












DISTRIB- 


Amount 












UTORS' 


Charged 










Distrib- 


Distrib- 


for 










ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


16,353 


17,604 


3,435,757 


3,416,736 


19,021 


145.55 


265.73 


45.33 


— 


— 


891,367 


883,394 


7,973 


142.92 


273.89 


42.87 





— 


1,194,959 


1,184,454 


10,505 


142.92 


253.42 


47.01 


— 


— 


511,153 


505,389 


5,764 


153.43 


280.69 


45.21 


— 


— 


575,000 


571,964 


3,036 


151.51 


278.57 


44.95 


1,118 





8,514,101 


8,423,864 


90,237 


139.23 


273.38 


41.78 


— 


— 


4,539,371 


4,501,322 


38,049 


142.92 


269.09 


43.72 


— 


— 


766,273 


766,271 


2 


142.92 


251.45 


47.50 


— 


— 


79,956 


80,001 


(45) 


153.46 


268.82 


47.77 


— 


— 


2,242,980 


2,223,986 


18,994 


142.92 


270.56 


43.45 








5,407,753 


5,240,854 


166,899 


142.92 


267.45 


44.03 


— 


— 


1,071,566 


1,070,181 


1,385 


148.52 


279.81 


43.69 


— 


— 


1,165,871 


1,152,752 


13,119 


143.12 


273.11 


43.07 


— 


— 


12,845,661 


12,718,659 


127,002 


139.99 


268.66 


42.80 


— 


— 


2,433,029 


2,414,601 


18,428 


142.92 


269.98 


43.56 


1,987 





1,457,879 


1,447,459 


10,420 


143.28 


266.28 


44.38 


— 


— 


4,829,927 


4,793,810 


36,117 


134.76 


265.27 


41.67 


— 


— 


237,430 


233,844 


3,586 


153.21 


270.91 


47.18 


— 


— 


3,124,684 


3,083,199 


41,485 


142.92 


265.65 


44.37 


— 


— 


30,736,811 


30,457,967 


278,844 


142.92 


274.45 


42.77 


9,688 


12,144 


2,166,829 


2,161,892 


4,937 


145.61 


267.04 


45.08 


— 


— 


105,158 


105,481 


(323) 


153.46 


270.44 


47.39 


— 


— 


77,382,809 


76,991,878 


390,931 


135.51 


266.94 


41.64 


— 


— 


906,636 


896,199 


10,437 


153.38 


276.20 


46.10 


— 


— 


1,445,615 


1,422,652 


22,963 


142.92 


264.54 


44.59 








380,320 


376,086 


4,234 


153.48 


262.26 


49.43 


— 


— 


391,290 


388,352 


2,938 


153.48 


275.23 


46.34 


— 


— 


447,977 


437,406 


10,571 


153.48 


279.99 


45.37 


— 


— 


175,708 


174,061 


1,647 


151.51 


278.27 


45.00 


— 


— 


5,962,357 


5,942,048 


20,309 


142.92 


271.38 


43.31 


6,044 


_ 


1,419,059 


1,409,815 


9,244 


144.05 


265.80 


44.75 


— 


— 


9,018,635 


8,945,414 


73,221 


142.92 


272.70 


43.08 


3,188 


— 


3,038,607 


3,027,964 


10,643 


143.20 


264.08 


44.78 


— 


— 


121,323,571 


120,896,536 


427,035 


142.92 


272.90 


43.04 


— 


— 


635,091 


631,932 


3,159 


142.92 


264.40 


44.62 


— 


— 


555,617 


549,474 


6,143 


153.48 


274.36 


46.53 


— 


11,940 


743,644 


734,433 


9,211 


153.11 


273.52 


46.57 


— 


— 


118,517 


118,035 


482 


152.20 


267.18 


47.64 


— 


— 


937,437 


928,936 


8,501 


142.92 


257.08 


46.16 


— 


— 


57,372,707 


56,862,769 


509,938 


138.26 


261.01 


43.58 



see notes on page 64 



74 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor 

MATION 

(Note 4) 



Marmora 

Martintown 

Massey 

Maxville 

McGarry Twp 

Meaford 

Merlin 

Midland 

Mildmay 

Millbrook 

Milton 

Milverton 

Mississauga 

Mitchell 

Moorefield 

Morrisburg 

Mount Brydges 

Mount Forest 

Nanticoke 

Napanee 

Nepean 

Neustadt 

Newburgh 

Newbury 

Newcastle 

Newmarket 

Niagara Falls 

Niagara-On-The-Lake 

Nickel Centre 

Nipigon Twp 

Norfolk 

North Bay 

North Dorchester 

North York 

Norwich 

Norwood 

Oakville 

Oil Springs 

Omemee 

Orangeville 



kW 

2,491.9 
366.0 
2,053.2 
1,505.0 
1,209.9 

6,903.9 

775.7 

28,022.7 

1,429.8 

1,627.5 

65,136.7 

2,190.7 

794,579.6 

5,939.5 

649.6 

5,285.5 
1,785.8 
6,798.3 
8,908.5 
10,524.9 

157,900.5 

641.3 

785.9 

575.2 

25,813.7 

59,957.4 
111,298.5 

21,043.5 
2,542.9 
3,036.8 

839.1 

88,166.0 

1,571.7 

916,715.7 

3,588.0 

2,005.8 

214,253.0 

741.1 

1,536.1 

25,294.6 



kW.h '000 
15,179.6 
2,042.2 
12,401.7 
8,350.2 
7,531.9 

42,178.1 

4,503.9 

172,019.6 

8,746.0 

10,402.0 

422,163.1 

12,855.1 

5,105,790.0 

35,691.0 

3,828.0 

29,922.6 
10,962.5 
40,726.4 
56,965.6 
64,143.3 

1,009,220.5 

3,804.2 

4,881.3 

3,529.6 

163,469.6 

372,990.6 

707,232.2 

128,966.1 

16,082.2 

19,580.3 

5,226.2 

567,165.7 

9,612.2 

5,798,568.5 

21,693.4 

12,245.4 

1,411,537.4 

4,460.9 

9,296.9 

163,247.5 



$ 
335,808 

49,322 
273,842 
202,814 
163,046 

930,370 
104,533 
3,776,339 
192,680 
219,322 

8,777,822 

295,219 

107,077,547 

800,407 

87,540 

712,274 

240,654 

916,139 

1,200,509 

1,418,336 

21,278,671 

86,422 

105,908 

77,514 

3,478,654 

8,079,859 
14,998,586 

2,835,822 
342,681 
409,239 

113,077 

11,881,250 

211,802 

123,536,608 

483,519 

270,302 

28,872,734 

99,871 

207,005 

3,408,700 



$ 
311,182 

41,865 
254,237 
171,181 
154,406 

864,651 

92,332 

3,526,404 

179,293 

213,241 

8,654,346 

263,530 

104,668,697 

731,668 

78,474 

613,413 

224,731 

834,893 

1,167,797 

1,314,940 

20,689,020 

77,988 

100,067 

72,359 

3,351,127 

7,646,309 
14,498,262 

2,643,805 
329,685 
401,396 

107,139 

11,626,899 

197,050 

118,870,656 

444,717 

251,031 

28,936,517 

91,451 

190,586 

3,346,574 



$ 
20,334 

2,987 
16,754 
12,281 

9,873 

56,336 

6,330 

228,665 

11,667 

13,280 

531,515 

17,876 

6,483,770 

48,466 

5,301 

43,130 
14,572 
55,474 
72,693 
85,883 

983,828 
5,233 
6,413 
4,694 

210,640 

489,252 

908,196 

171,715 

20,750 

24,780 

6,847 

719,435 

12,825 

6,474,836 

29,278 

16,367 

1,748,304 

6,047 

12,535 

206,404 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



75 





Municipal 


Total 














Distrib- 


Amount 












utors' 


Charged 












Distrib- 


Distrib- 


for 












ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


1,325 


7,692 


691,666 


684,831 


6,835 


152.69 


277.57 


45.57 


— 


— 


97,995 


96,222 


1,773 


153.38 


267.78 


47.98 


— 


— 


566,515 


559,736 


6,779 


152.10 


275.92 


45.68 


— 


10,320 


396,596 


393,103 


3,493 


149.78 


263.52 


47.49 


— 


— 


340,101 


335,743 


4,358 


153.48 


281.10 


45.15 







1,851,356 


1,838,808 


12,548 


142.92 


268.16 


43.89 


- 


— 


211,122 


210,474 


648 


153.14 


272.16 


46.87 


455 


— 


7,531,864 


7,491,864 


40,000 


142.94 


268.78 


43.78 


— 


— 


398,739 


395,283 


3,456 


153.48 


278.88 


45.59 


— 


— 


463,030 


458,505 


4,525 


153.48 


284.50 


44.51 








17,963,683 


17,776,634 


187,049 


142.92 


275.78 


42.55 


1,325 


27,804 


605,753 


597,585 


8,168 


156.21 


276.51 


47.12 


— 


— 


218,230,013 


216,658,713 


1,571,300 


142.92 


274.65 


42.74 


— 


— 


1,580,541 


1,574,565 


5,976 


142.92 


266.11 


44.28 


— 


— 


178,156 


176,410 


1,746 


153.45 


274.25 


46.54 


1,118 


— 


1,369,935 


1,355,135 


14,800 


143.13 


259.19 


45.78 


— 


— 


498,710 


493,897 


4,813 


153.42 


279.27 


45.49 


3,850 


— 


1,810,356 


1,795,307 


15,049 


143.49 


266.30 


44.45 


— 


— 


2,455,087 


2,439,064 


16,023 


144.50 


275.59 


43.10 


— 


— 


2,819,158 


2,786,964 


32,194 


142.92 


267.86 


43.95 


— 


— 


42,951,520 


42,743,868 


207,652 


140.99 


272.02 


42.56 


— 


— 


176,254 


174,487 


1,767 


153.23 


274.84 


46.33 


— 


— 


220,687 


220,703 


(16) 


153.48 


280.80 


45.21 


— 


— 


160,630 


160,384 


246 


153.46 


279.26 


45.51 


17,926 


— 


7,075,304 


6,924,435 


150,869 


144.27 


274.09 


43.28 


_ 


— 


16,215,421 


16,026,329 


189,092 


142.92 


270.45 


43.47 


— 


— 


30,405,044 


30,283,459 


121,585 


142.92 


273.18 


42.99 


— 


— 


5,651,342 


5,618,144 


33,198 


142.92 


268.56 


43.82 


1,283 


— 


694,400 


690,182 


4,218 


143.43 


273.08 


43.18 


— 


— 


867,423 


860,546 


6,877 


153.46 


285.64 


44.30 


— 





235,924 


234,166 


1,758 


153.47 


281.15 


45.14 


— 


— 


24,246,270 


23,994,642 


251,628 


143.13 


275.01 


42.75 


— 


— 


438,275 


436,859 


1,416 


153.48 


278.86 


45.60 


— 


— 


248,882,100 


247,929,930 


952,170 


141.82 


271.49 


42.92 


— 


7,392 


977,660 


974,440 


3,220 


148.54 


272.48 


45.07 


_ 


— 


558,881 


553,010 


5,871 


153.48 


278.64 


45.64 


— 


— 


59,557,555 


59,289,117 


268,438 


142.92 


277.98 


42.19 


— 


— 


204,952 


205,565 


(613) 


153.16 


276.56 


45.94 


— 


— 


426,347 


417,126 


9,221 


153.48 


277.55 


45.86 


— 


— 


6,961,678 


6,906,772 


54,906 


142.92 


275.22 


42.64 



see notes on page 64 



76 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Orillia 

Oshawa 

Ottawa 

Owen Sound 

Paisley 

Palmerston 

Paris 

Parkhill 

Parry Sound 

Pelham 

Pembroke 

Penetanguishene 

Perth 

Peterborough 

Petrolia 

Pickering 

Picton 

Plantagenet 

Point Edward 

Port Burwell 

Port Colborne 

Port Elgin 

Port Hope 

Port McNicoll 

Port Stanley 

Prescott 

Priceville 

Rainy River 

Red Rock 

Renfrew 

Richmond Hill 

Ridgetown 

Ripley 

Rockland 

Rockwood 

Rodney 

Rosseau 

Russell 

Sandwich West Twp. 
Sarnia 



kW 

38,874.4 
191,356.8 
673,504.0 

46,513.7 
1,839.9 

3,029.0 
10,848.5 

2,695.3 
13,227.8 

3,097.4 

21,882.0 

11,919.9 

15,991.0 

114,404.3 

5,804.6 

81,646.8 

7,571.1 

1,746.2 

8,940.5 

808.9 

34,439.1 

12,520.1 

34,851.3 

2,885.9 

2,727.8 

8,430.1 
231.0 
1,593.1 
1,054.2 
14,587.9 

90,992.6 
4,807.3 
1,062.5 
8,899.6 
2,564.2 

1,438.7 
493.0 

2,296.4 
15,632.2 
80,253.1 



kW.h '000 

239,149.3 

1,232,958.0 

4,345,605.1 

294,384.1 

11,085.0 

18,572.9 
67,313.7 
16,845.6 
75,614.2 
18,571.0 

112,010.1 
74,849.8 
96,772.0 

724,370.8 
35,017.6 

502,214.0 

45,637.0 

10,378.4 

55,559.6 

5,123.4 

219,014.2 
77,010.5 

219,977.4 
16,909.9 
17,865.8 

47,854.9 
1,294.6 
9,434.0 
6,478.1 

82,254.8 

546,282.1 
27,725.3 
6,282.4 
53,816.2 
15,300.6 

8,124.4 

2,768.4 

12,983.1 

87,721.9 

537,856.4 



$ 

5,238,714 

25,787,242 

90,761,399 

6,268,186 

247,945 

408,188 
1,461,944 

363,219 
1,782,578 

417,406 

2,948,818 

1,606,326 

2,154,947 

15,417,123 

782,228 

11,002,723 
1,020,281 

235,318 
1,204,822 

109,007 

4,641,013 

1,687,209 

4,696,561 

388,904 

367,598 

1,136,040 

31,130 

214,686 

133,815 

1,965,865 

12,262,763 

647,832 

143,183 

1,199,310 

345,552 

193,879 

66,437 

309,463 

2,106,595 

10,814,908 



4,902,561 
25,275,639 
89,084,905 

6,034,876 
227,245 

380,747 
1,379,933 

345,335 
1,550,091 

380,706 

2,296,209 

1,534,421 

1,983,828 

14,849,601 

717,861 

10,295,387 

935,561 

212,757 

1,138,972 

105,032 

4,489,793 

1,578,717 

4,509,539 

346,655 

366,249 

981,028 

26,541 

193,397 

132,803 

1,686,225 

11,198,781 

568,371 

128,791 

1,103,234 

313,664 

166,550 

56,752 

266,154 

1,798,299 

11,026,058 



$ 

317,215 

1,561,471 

4,618,836 

379,552 

15,014 

24,717 
88,524 
21,994 
107,939 
25,275 

178,557 
97,266 
130,487 
933,539 
47,366 

666,238 

61,780 

14,249 

72,954 

6,601 

281,023 
102,164 
284,387 
23,549 
22,259 

68,790 
1,885 

13,000 

8,602 

119,037 

741,902 

39,228 

8,670 

72,621 

20,924 

11,740 
4,023 

18,739 
127,559 
654,865 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



77 





Municipal 


Total 












Distrib- 


Amount 












utors' 


Charged 










Distrib- 


Distrib- 


for 










ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


— 


— 


10,458,490 


10,367,287 


91,203 


142.92 


269.03 


43.73 


— 


— 


52,624,353 


52,246,054 


378,299 


142.92 


275.01 


42.68 


— 


— 


184,465,140 


183,602,232 


862,908 


141.62 


273.89 


42.45 


— 


— 


12,682,614 


12,529,442 


153,172 


142.92 


272.66 


43.08 


— 


— 


490,203 


484,950 


5,253 


142.92 


266.42 


44.22 








813,651 


805,701 


7,950 


142.92 


268.62 


43.81 


— 


— 


2,930,401 


2,920,098 


10,303 


142.92 


270.12 


43.53 


— 


— 


730,547 


725,052 


5,495 


142.92 


271.05 


43.37 


— 


— 


3,440,608 


3,389,485 


51,123 


142.92 


260.10 


45.50 


538 


— 


823,924 


819,287 


4,637 


143.09 


266.00 


44.37 


— 





5,423,585 


5,287,981 


135,604 


142.92 


247.86 


48.42 


— 


— 


3,238,013 


3,201,865 


36,148 


142.92 


271.65 


43.26 


— 


— 


4,269,262 


4,224,264 


44,998 


142.92 


266.98 


44.12 


— 


— 


31,200,264 


30,920,872 


279,392 


142.92 


272.72 


43.07 


2,111 


— 


1,549,566 


1,540,283 


9,283 


143.28 


266.95 


44.25 


— 


— 


21,964,348 


21,728,242 


236,106 


142.92 


269.02 


43.74 


— 


— 


2,017,622 


1,993,961 


23,661 


142.92 


266.49 


44.21 


— 


— 


480,761 


475,336 


5,425 


153.48 


275.31 


46.32 


— 


16,512 


2,433,260 


2,515,390 


(82,130) 


144.77 


272.16 


43.80 


662 


— 


229,844 


225,333 


4,511 


154.31 


284.16 


44.86 


— 


_ 


9,411,829 


9,395,809 


16,020 


142.92 


273.29 


42.97 


— 


— 


3,368,090 


3,310,826 


57,264 


142.92 


269.01 


43.74 


14,987 


— 


9,505,473 


9,511,505 


(6,032) 


143.35 


272.74 


43.21 


5,134 


9,816 


800,100 


789,366 


10,734 


157.13 


277.25 


47.32 


12,668 


— 


768,774 


763,717 


5,057 


147.56 


281.83 


43.03 


— 





2,185,857 


2,170,064 


15,793 


142.92 


259.29 


45.68 


— 


— 


61,968 


62,110 


(142) 


153.35 


268.24 


47.86 


2,070 


16,260 


439,413 


436,691 


2,722 


154.42 


275.82 


46.58 


— 


— 


286,353 


284,866 


1,487 


145.66 


271.64 


44.20 


— 


— 


3,771,128 


3,698,749 


72,379 


142.92 


258.51 


45.85 


_ 





24,203,446 


23,903,156 


300,290 


142.92 


265.98 


44.31 


— 


— 


1,255,430 


1,247,693 


7,737 


142.92 


261.15 


45.28 


— 


— 


291,864 


289,741 


2,123 


153.48 


274.70 


46.46 


— 


— 


2,469,145 


2,427,762 


41,383 


153.48 


277.44 


45.88 


— 


— 


707,106 


674,652 


32,454 


153.43 


275.76 


46.21 


— 


— 


387,362 


388,124 


(762) 


153.48 


269.24 


47.68 


— 


— 


132,141 


130,047 


2,094 


152.93 


268.05 


47.73 


— 


— 


618,605 


615,711 


2,894 


153.48 


269.38 


47.65 


— 


— 


4,032,453 


4,013,424 


19,029 


142.92 


257.96 


45.97 


— 


— 


22,495,831 


22,461,811 


34,020 


142.92 


280.31 


41.82 



see notes on page 64 



78 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Scarborough 

Schreiber Twp 

Scugog 

Seaforth 

Shelburne 

Simcoe 

Sioux Lookout 

Smiths Falls 

South Dumfries 

South River 

South- West Oxford 

Southampton 

Springfield 

St. Catharines 

St. Clair Beach 

St. Marys 

St. Thomas 

Stayner 

Stirling 

Stoney Creek 

Stratford 

Strathroy 

Sturgeon Falls 

Sudbury 

Sundridge 

Tara 

Tecumseh 

Teeswater 

Terrace Bay Twp. . 
Thamesville 

Thedford 

Thessalon 

Thornbury 

Thorndale 

Thornton 

Thorold 

Thunder Bay 

Tilbury 

Tillsonburg 

Toronto 



kW 

703,943.8 
3,775.9 
7,602.6 
3,424.5 
5,035.9 

30,418.8 
6,517.1 

18,713.5 
1,944.1 

1,767.5 

3,382.7 

6,063.0 

621.9 

290,115.7 

4,245.9 

9,049.5 

50,550.2 

4,252.5 

3,094.7 

65,877.0 

56,097.1 
16,690.2 

9,491.8 
134,747.5 

1,984.6 

1,476.3 
10,712.1 
2,040.2 
4,462.4 
1,599.7 

1,204.8 

2,947.7 

3,273.8 

558.1 

846.8 

24,854.4 

181,538.0 

11,398.7 

26,192.1 

1,463,530.0 



kW.h '000 
4,519,922.7 
23,748.4 
46,499.3 
20,905.2 
31,322.4 

187,629.0 
39,057.3 

113,036.8 
12,484.1 
10,844.6 

22,944.5 

36,792.4 

3,727.0 

1,825,119.0 

23,196.4 

53,454.8 

320,126.9 

26,531.6 

18,522.9 

413,256.5 

345,385.7 
99,797.5 
58,851.6 

869,886.1 
11,584.7 

9,326.1 
59,979.0 
12,227.8 
28,056.0 

9,013.7 

7,086.3 
16,879.0 
20,762.4 
2,861.3 
4,967.8 

165,792.8 

1,150,484.8 

71,284.1 

155,835.2 
9,608,021.3 



94,863,466 

508,840 

1,024,526 

461,486 

678,638 

4,099,237 
878,244 

2,521,831 
261,987 
236,214 

455,853 

817,050 

83,807 

39,095,992 

572,177 

1,219,511 

6,812,145 

573,067 

417,042 

8,877,585 

7,559,645 
2,249,171 
1,279,115 
18,158,573 
265,277 

198,946 
1,443,563 
274,937 
595,053 
215,576 

162,359 
397,232 
441,177 
75,210 
114,115 

3,349,379 

24,464,061 

1,536,089 

3,529,501 

197,225,303 



92,658,415 

486,844 

953,236 

428,559 

. 642,109 

3,846,395 
800,675 

2,317,256 
255,924 
222,316 

470,362 

754,244 

76,406 

37,414,942 

475,528 

1,095,823 

6,562,604 

543,900 

379,722 

8,471,758 

7,080,409 

2,045,851 

1,206,460 

17,832,667 

237,486 

191,187 
1,229,570 
250,670 
575,148 
184,781 

145,269 
346,022 
425,629 
58,657 
101,842 

3,398,752 

23,584,938 

1,461,326 

3,195,649 

196,964,437 



$ 
5,744,181 
30,811 
62,037 
27,944 
41,093 

248,217 
53,180 

152,702 
15,864 
14,423 

27,603 

49,474 

5,075 

2,029,941 

34,647 

73,844 

412,490 

34,700 

25,253 

537,556 

457,752 
136,192 

77,453 
1,099,540 

16,194 

12,047 
87,411 
16,648 
36,413 
13,054 

9,831 
24,053 
26,714 
4,554 
6,910 

202,812 

1,481,350 

93,013 

213,881 

10,137,275 



see notes on page 64 



Allocation of Charges for Power 

FOR PRIMARY POWER TO MUNICIPALITIES 
December 31, 1988 



79 





Municipal 


Total 












Distrib- 


Amount 












utors' 


Charged 










Distrib- 


Distrib- 


for 










ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 


* 


$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


— 


— 


193,266,063 


192,464,443 


801,620 


142.92 


274.55 


42.76 


2,318 


9,876 


1,058,577 


1,035,309 


23,268 


151.41 


280.35 


44.57 


1,242 


— 


2,041,041 


2,023,160 


17,881 


143.08 


268.47 


43.89 


— 


— 


917,988 


910,769 


7,219 


142.92 


268.06 


43.91 


— 


— 


1,361,840 


1,355,109 


6,731 


142.92 


270.43 


43.48 








8,193,849 


8,150,656 


43,193 


142.92 


269.37 


43.67 


4,513 


16,540 


1,753,151 


1,716,939 


36,212 


146.15 


269.01 


44.89 


— 


— 


4,991,790 


4,951,628 


40,162 


142.92 


266.75 


44.16 


1,035 


— 


548,717 


547,529 


1,188 


150.61 


282.25 


43.95 




— 


491,526 


483,878 


7,648 


152.31 


278.09 


45.32 


- 





953,818 


954,639 


(821) 


142.92 


281.97 


41.57 




— 


1,620,768 


1,595,506 


25,262 


142.92 


267.32 


44.05 


— 


— 


171,823 


169,595 


2,228 


153.42 


276.27 


46.10 


— 


— 


78,540,874 


78,345,585 


195,289 


141.76 


270.72 


43.03 


— 


— 


1,082,352 


1,079,862 


2,490 


142.92 


254.92 


46.66 


— 


— 


2,389,178 


2,353,376 


35,802 


142.92 


264.01 


44.70 


— 


— 


13,787,238 


13,773,198 


14,040 


142.92 


272.74 


43.07 


— 


— 


1,151,667 


1,132,497 


19,170 


142.92 


270.82 


43.41 


— 


— 


822,016 


815,682 


6,334 


142.92 


265.62 


44.38 


— 


— 


17,886,899 


17,811,721 


75,178 


142.92 


271.52 


43.28 








15,097,806 


15,038,370 


59,436 


142.92 


269.14 


43.71 


— 


— 


4,431,214 


4,404,098 


27,116 


142.92 


265.50 


44.40 


1,946 


— 


2,564,974 


2,543,729 


21,245 


143.12 


270.23 


43.58 


— 


— 


37,116,715 


36,776,033 


340,682 


143.11 


275.45 


42.67 


— 


— 


539,822 


528,584 


11,238 


152.34 


272.01 


46.60 








417,770 


410,520 


7,250 


153.48 


282.98 


44.80 


8,942 


— 


2,769,485 


2,755,898 


13,587 


143.76 


258.54 


46.17 


— 


14,892 


557,147 


552,176 


4,971 


150.22 


273.09 


45.56 


— 


— 


1,253,737 


1,240,512 


13,225 


152.07 


280.96 


44.69 


— 


17,028 


430,438 


430,143 


295 


153.56 


269.07 


47.75 


— 





328,524 


324,841 


3,683 


152.11 


272.68 


46.36 


— 


— 


767,307 


766,519 


788 


142.92 


260.31 


45.46 


— 


— 


893,521 


887,018 


6,503 


142.92 


272.93 


43.04 


207 


— 


144,151 


143,602 


549 


153.18 


258.27 


50.38 


— 


— 


231,809 


226,773 


5,036 


153.48 


273.74 


46.66 


— 





6,950,943 


6,958,713 


(7,770) 


142.92 


279.67 


41.93 


— 


— 


49,568,989 


49,367,277 


201,712 


143.13 


273.05 


43.09 


1,283 


— 


3,092,237 


3,075,262 


16,975 


143.08 


271.28 


43.38 


— 


— 


6,950,650 


6,855,756 


94,894 


143.36 


265.37 


44.61 


23,267 


— 


404,350,281 


401,439,468 


2,910,813 


141.70 


276.28 


42.08 



see notes on page 64 



80 



Appendix II — Finance 

STATEMENT OF THE AMOUNTS CHARGED 

for the Year Ended 



Municipality 



Primary Power 

Energy Supplied 

During Year 

(Principal Bases 
of Allocation) 



Average of 

Monthly 
Peak Loads 



Energy 



Common 

Demand 

Functions 

(Notes 1 & 3) 



Energy at 

20.50 Mills 

per kW.h 

(Note 2) 



Transfor- 
mation 

(Note 4) 



Tottenham 

Trenton 

Tweed 

Uxbridge 

Vankleek Hill 

Vaughan 

Victoria Harbour 

Walkerton 

Wallaceburg 

Wardsville 

Warkworth 

Wasaga Beach 

Waterloo- Wellesley- Woolwich 

Watford 

Waubaushene 

Webbwood 

Welland 

Wellington 

West Lincoln 

West Lome 

Westminister Twp 

Westport 

Wheatley 

Whitby 

Whitchurch-Stouffville 

Wiarton 

Williamsburg 

Winchester 

Windsor 

Wingham 

Woodstock 

Woodville 

Wyoming 

York 

Zorra 

Zurich 

Total Municipal 



kW 

5,509.4 
45,010.3 
3,187.9 
5,511.9 
3,390.4 

198,433.7 

1,964.2 

10,200.7 

35,185.9 

512.9 

1,107.4 
14,564.7 
165,323.6 
2,362.9 
1,290.9 

698.0 

66,677.5 
2,263.1 
1,804.5 
3,052.7 

3,171.1 
1,549.8 
2,356.3 
75,355.2 
12,527.3 

4,100.9 

583.8 

6,126.0 

436,421.1 

6,850.3 

55,446.7 

1,017.6 

2,184.1 

149,001.7 

4,146.2 

1,435.2 
13,826,530.5 



kW.h '000 
34,215.8 

305,307.9 
18,553.9 
31,985.8 
19,911.0 

1,164,102.3 

11,936.8 

59,350.4 

222,560.9 

3,247.5 

6,619.2 

83,199.7 

1,030,639.5 

13,472.3 

7,830.1 

4,151.8 
417,956.5 
13,698.6 
10,492.2 
16,807.8 

18,422.1 
9,119.9 
14,226.4 
485,343.3 
79,456.6 

25,492.4 

3,309.8 

39,346.5 

2,818,585.2 

38,838.8 

340,398.4 
6,314.8 

12,792.1 
986,701.7 

26,498.0 

8,590.0 
38,406,223.6 



$ 
742,447 
6,065,588 
426,123 
742,784 
456,890 

26,740,925 

264,696 

1,374,646 

4,741,652 

69,118 

149,233 

1,962,739 

22,279,008 

318,424 

173,962 

94,062 

8,985,460 

304,975 

243,174 

411,382 

427,337 

208,851 

317,535 

10,154,867 

1,688,179 

552,637 
78,673 
825,540 
58,812,107 
923,146 

7,471,997 

137,132 

294,329 

20,079,469 

558,742 

193,408 
1,863,206,283 



$ 
701,426 
6,258,812 
380,355 
655,709 
408,178 

23,864,099 

244,706 

1,216,683 

4,562,501 

66,574 

135,696 

1,705,594 

21,128,110 

276,184 

160,517 

85,114 

8,568,108 

280,823 

215,090 

344,560 

377,653 

186,958 

291,641 

9,949,538 

1,628,862 

522,594 
67,851 
806,603 
57,780,997 
796,195 

6,978,167 

129,455 

262,240 

20,227,387 

543,209 

176,095 
1,812,328,604 



$ 
44,957 
367,284 
26,013 
44,977 
27,666 

1,619,219 

16,028 

83,238 

287,117 

4,185 

9,036 

118,848 

347,135 

19,281 

10,534 

5,696 
540,362 
18,467 
14,725 
24,910 

25,876 
12,646 
19,227 
614,898 
102,223 

33,463 

4,764 

49,988 

3,198,983 

55,898 

452,445 

8,304 

17,822 

1,215,854 

33,833 

11,711 
102,421,621 



see notes on page 64 



Allocation of Charges for Power 

?OR PRIMARY POWER TO MUNICIPALITIES 
)ecember 31, 1988 



81 





Municipal 


Total 














DISTRIB- 


Amount 














UTORS' 


Charged 












Distrib- 


Distrib- 


for 












ution 


ution 


Primary 




Balance 


Demand 


Total Amount 


Lines 


Stations 


Power 


Amounts 


(Refunded) 


Charge 


Charged for 


(Note 7) 


(Note 6) 


(Note 8) 


Billed 


or Charged 


(Note 1) 


Power 
















Mills 




$ 


$ 


$ 


$ 


$ per kW 


$ per kW 


per kW.h 


— 


— 


1,488,829 


1,451,742 


37,087 


142.92 


270.23 


43.51 


— 


— 


12,691,684 


12,609,889 


81,795 


142.92 


281.97 


41.57 


— 


— 


866,093 


859,906 


6,187 


152.37 


271.68 


46.68 


3,974 


— 


1,447,444 


1,435,621 


11,823 


143.64 


262.60 


45.25 


— 


— 


928,536 


918,882 


9,654 


153.48 


273.88 


46.63 








52,224,244 


51,708,986 


515,258 


142.92 


263.18 


44.86 


— 


— 


546,172 


538,185 


7,987 


153.48 


278.06 


45.76 


19,168 


— 


2,693,735 


2,682,390 


11,345 


144.80 


264.07 


45.39 


3,312 


— 


9,594,581 


9,579,965 


14,616 


143.01 


272.68 


43.11 


— 


— 


145,294 


144,801 


493 


153.49 


283.30 


44.74 








305,659 


302,698 


2,961 


153.48 


276.02 


46.18 


— 


— 


3,798,884 


3,724,417 


74,467 


143.72 


260.83 


45.66 


— 


— 


43,474,478 


43,137,713 


336,765 


135.17 


262.97 


42.18 


— 


— 


616,004 


604,741 


11,263 


143.82 


260.70 


45.72 


— 


3,276 


356,694 


350,113 


6,581 


151.97 


276.32 


45.55 








192,243 


189,246 


2,997 


153.48 


275.43 


46.30 


— 


— 


18,093,930 


17,928,710 


165,220 


142.86 


271.36 


43.29 


— 


— 


625,432 


619,471 


5,961 


152.27 


276.36 


45.66 


— 


— 


491,802 


491,723 


79 


153.34 


272.54 


46.87 


— 


— 


780,852 


779,608 


1,244 


142.92 


255.79 


46.46 


— 


11,160 


842,027 


839,587 


2,440 


146.44 


265.53 


45.71 


— 


— 


424,690 


420,443 


4,247 


153.39 


274.02 


46.57 


— 


— 


628,404 


627,891 


513 


142.92 


266.69 


44.17 


— 


— 


20,719,303 


20,591,716 


127,587 


142.92 


274.96 


42.69 


3,643 


— 


3,422,907 


3,404,367 


18,540 


143.21 


273.24 


43.08 


— 





1,108,695 


1,093,319 


15,376 


142.92 


270.35 


43.49 


— 


— 


157,453 


156,799 


654 


153.47 


269.69 


47.57 


— 


— 


1,682,131 


1,672,008 


10,123 


142.92 


274.59 


42.75 


— 


— 


119,792,087 


119,735,062 


57,025 


142.09 


274.49 


42.50 


— 


— 


1,775,240 


1,761,155 


14,085 


142.92 


259.15 


45.71 


— 


— 


14,902,610 


14,863,095 


39,515 


142.92 


268.77 


43.78 


— 


— 


285,573 


281,137 


4,436 


153.41 


280.63 


45.22 


1,656 


10,152 


586,868 


587,079 


(211) 


148.63 


268.70 


45.88 


— 


— 


41,522,710 


41,410,710 


112,000 


142.92 


278.67 


42.08 


— 


— 


1,135,784 


1,123,872 


11,912 


142.92 


273.94 


42.86 


_ 


— 


381,214 


375,555 


5,659 


142.92 


265.61 


44.38 


393,795 


353,308 


3,780,006,677 


3,759,802,855 


20,203,822 


142.31 


273.39 


42.76 



ee notes on page 64 



82 



Appendix II — Finance 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1988 



Ailsa Craig 

Ajax 

Alexandria 

Alfred 

Alliston 

Almonte 

Alvinston 

Amherstburg 

Ancaster 

Apple Hill 

Arkona 

Arnprior 

Arthur 

Atikokan Twp 

Aurora 

Avonmore 

Aylmer 

Bancroft 

Barrie 

Barry's Bay 

Bath 

Beachburg 

Beeton 

Belle River 

Belleville 

Belmont 

Blandford-Blenheim. 

Blenheim 

Bloomfield 

Blyth 

Bobcaygeon 

Bothwell 

Bracebridge 

Bradford 

Brampton 

Brantford 

Brantford Twp 

Brechin 

Brighton 

Brock 

Brockville 

Brussels 

Burford 

Burk's Falls 

Burlington 



242,820.00 
6,184,702.00 
1,457,456.00 

362,934.00 
1,390,708.00 

893,399.00 

190,313.00 

2,506,337.00 

982,758.00 

62,319.00 

135,386.00 
2,661,132.00 

621,862.00 
1,477,756.00 
4,209,518.00 

55,218.00 

1,951,779.00 

747,136.00 

14,407,568.00 

326,730.00 

239,567.00 
167,631.00 
357,065.00 
724,009.00 
12,457,940.00 

264,662.00 
574,164.00 
1,147,621.00 
245,296.00 
377,343.00 

591,591.00 

271,397.00 

707,842.00 

1,326,276.00 

40,399,728.00 

24,006,818.00 

3,666,494.00 

93,130.00 

922,757.00 

1,358,637.00 

8,276,347.00 

326,445.00 

310,421.00 

350,042.00 

26,398,340.00 



21,352.00 
948,480.00 
161,155.00 

42,563.00 
145,577.00 

90,694.00 

16,721.00 

246,178.00 

103,008.00 

5,125.00 

10,116.00 
318,496.00 

65,943.00 
140,771.00 
637,429.00 

6,192.00 

169,946.00 

92,487.00 

1,760,049.00 

35,130.00 

25,982.00 
17,627.00 
37,280.00 
82,773.00 
1,303,162.00 

25,397.00 
49,648.00 
137,000.00 
24,827.00 
34,905.00 

84,839.00 
23,965.00 
96,297.00 
179,006.00 
5,770,971.00 

2,133,230.00 

330,959.00 

9,284.00 

102,830.00 

137,173.00 

798,676.00 

27,548.00 

25,034.00 

38,572.00 

3,414,156.00 



31,088.00 



192,449.00 



14,804.00 



264,172.00 
7,133,182.00 
1,649,699.00 

405,497.00 
1,536,285.00 

984,093.00 

207,034.00 

2,752,515.00 

1,085,766.00 

67,444.00 

145,502.00 
3,172,077.00 

687,805.00 
1,618,527.00 
4,846,947.00 

61,410.00 

2,121,725.00 

839,623.00 

16,167,617.00 

361,860.00 

265,549.00 
185,258.00 
394,345.00 
806,782.00 
13,775,906.00 

290,059.00 
623,812.00 
1,284,621.00 
270,123.00 
412,248.00 

676,430.00 

295,362.00 

804,139.00 

1,505,282.00 

46,170,699.00 

26,140,048.00 

3,997,453.00 

102,414.00 

1,025,587.00 

1,495,810.00 

9,075,023.00 

353,993.00 

335,455.00 

388,614.00 

29,812,496.00 



Equities Accumulated by Municipalities 



83 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 
Year through 

Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1 



Cache Bay 

Caledon 

Cambridge-North Dumfries 

Campbellford 

Capreol 

Cardinal 

Carleton Place 

Casselman 

Chalk River 

Chapleau Twp 

Chatham 

Chatsworth 

Chesley 

Chesterville 

Clifford 

Clinton 

Cobden 

Cobourg 

Cochrane 

Colborne 

Coldwater 

Collingwood 

Comber 

Cookstown 

Cottam 

Creemore 

Dashwood 

Deep River 

Delaware 

Delhi 

Deseronto 

Drayton 

Dresden 

Dryden 

Dublin 

Dundalk 

Dundas 

Dunnville , 

Durham 

Dutton 

East York 

East Zorra-Tavistock 

Eganville 

Elmvale 

Elmwood 



155,679.00 

1,556,734.00 

26,853,338.00 

763,466.00 

827,921.00 

357,219.00 
1,902,631.00 
524,904.00 
211,652.00 
786,503.00 

12,616,470.00 
140,219.00 
694,081.00 
754,276.00 
200,861.00 

1,015,016.00 

291,082.00 

5,433,414.00 

1,504,633.00 

531,437.00 

386,344.00 
5,442,972.00 
210,471.00 
240,349.00 
169,747.00 

326,363.00 
155,312.00 

1,612,370.00 
119,599.00 

1,079,326.00 

561,648.00 
258,053.00 
957,309.00 
1,647,324.00 
122,574.00 

483,519.00 

4,475,233.00 

1,647,452.00 

745.960.00 

244,581.00 

25,997,105.00 

757,570.00 

273,261.00 

407,390.00 

89,224.00 



16,913.00 

212,598.00 

2,703,196.00 

104,592.00 

74,753.00 

33,158.00 
166,087.00 
69,371.00 
20,617.00 
98,539.00 

1,201,593.00 
12,655.00 
56,140.00 
73,664.00 
18,554.00 

80,473.00 
28,680.00 
520,707.00 
160,275.00 
52,176.00 

36,721.00 
619,501.00 
19,405.00 
25,154.00 
19,710.00 

36,934.00 
10,818.00 
163,860.00 
12,926.00 
92,459.00 

45,193.00 
23,367.00 
92,546.00 
176,408.00 
9,877.00 

54,155.00 

403,879.00 

125,385.00 

61,243.00 

19,971.00 

2,190,892.00 

66,210.00 

31,591.00 

50,320.00 

6,278.00 



1,525.00 



$ 

172,592.00 

1,769,332.00 

29,556,534.00 

868,058.00 

902,674.00 

390,377.00 
2,068,718.00 
594,275.00 
232,269.00 
885,042.00 

13,818,063.00 
152,874.00 
750,221.00 
827,940.00 
219,415.00 

1,095,489.00 

319,762.00 

5,954,121.00 

1,664,908.00 

583,613.00 

423,065.00 
6,062,473.00 
229,876.00 
267,028.00 
189,457.00 

363,297.00 
166,130.00 

1,776,230.00 
132,525.00 

1,171,785.00 

606,841.00 

281,420.00 

1,049,855.00 

1,823,732.00 

132,451.00 

537,674.00 

4,879,112.00 

1,772,837.00 

807,203.00 

264,552.00 

28,187,997.00 

823,780.00 

304,852.00 

457,710.00 

95,502.00 



84 



Appendix II — Finance 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance i 
December 31, 



1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1 



Elora 

Embrun 

Erieau 

Erin 

Espanola 

Essex 

Etobicoke 

Exeter 

Fenelon Falls . 
Fergus 

Finch 

Flamborough.. 

Flesherton 

Forest 

Fort Frances .. 

Frankford 

Georgina 

Glencoe 

Gloucester 

Goderich 

Goulbourn 

Grand Bend .. 
Grand Valley. 

Granton 

Gravenhurst ... 

Grimsby 

Guelph 

Haldimand 

Halton Hills- 
Hamilton 

Hanover 

Harriston 

Harrow 

Hastings 

Havelock 

Hawkesbury . . . 

Hearst 

Hensall 

Holstein 

Huntsville 

Ingersoll 

Iroquois 

Iroquois Falls. 

Kanata 

Kapuskasing... 



694,508.00 
529,151.00 
192,816.00 
850,540.00 
1,281,381.00 

1,329,217.00 

96,267,422.00 

1,299,421.00 

523,448.00 

2,928,743.00 

138,939.00 
746,204.00 
222,571.00 
913,282.00 
2,485,363.00 

428,540.00 

798,864.00 

520,605.00 

13,566,641.00 

3,283,788.00 

652,323.00 
381,911.00 
319,902.00 
109,712.00 
1,308,097.00 

3,092,068.00 

26,081,228.00 

1,787,452.00 

9,247,746.00 

178,475,501.00 

2,503,009.00 
692,100.00 
816,686.00 
290,205.00 
350,915.00 

4,199,675.00 

2,247,944.00 

530,714.00 

57,024.00 

1,523,228.00 

3,048,437.00 

684,406.00 

143,375.00 

4,889,954.00 

1,614,558.00 



$ 
68,210.00 
83,315.00 
16,124.00 
124,342.00 
141,986.00 

156,674.00 

10,048,064.00 

125,914.00 

71,462.00 

300,601.00 

12,991.00 
67.910.00 
21,424.00 
81,946.00 
210,093.00 

50,875.00 

85,772.00 

54,111.00 

1,990,172.00 

301,304.00 

84,267.00 
42,496.00 
32,246.00 
9,842.00 
126,434.00 

358,103.00 

2,844,798.00 

149,193.00 

978,849.00 

14,979,190.00 

217,792.00 
54,820.00 
79,426.00 
30,675.00 
34,769.00 

524,589.00 

284,155.00 

51,332.00 

5,010.00 

139,643.00 

340,580.00 
64,507.00 
71,906.00 
805,399.00 
151,801.00 



762,718.00 
612,466.00 
208,940.00 
974,882.00 
1,423,367.00 

1,485,891.00 

106,315,486.00 

1,425,335.00 

594,910.00 

3,229,344.00 

151,930.00 
814,114.00 
243,995.00 
995,228.00 
2,695,456.00 

479,415.00 

884,636.00 

574,716.00 

15,556,813.00 

3,585,092.00 

736,590.00 
424,407.00 
352,148.00 
119,554.00 
1,434,531.00 

3,450,171.00 

28,926,026.00 

1,936,645.00 

10,226,595.00 

193,454,691.00 

2,720,801.00 
746,920.00 
896,112.00 
320,880.00 
385,684.00 

4,724,264.00 

2,532,099.00 

582,046.00 

62,034.00 

1,662,871.00 

3,389,017.00 

748,913.00 

215,281.00 

5,695,353.00 

1,766,359.00 






Equities Accumulated by Municipalities 

STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



85 



Municipality 



Balance at 
December 31, 1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1988 



Kemptville 

Kenora 

Killaloe Stn 

Kincardine 

Kingston 

Kingsville 

Kirkfield 

Kitchener- Wilmot.. 

L'Orignal 

Lakefield 

Lanark 

Lancaster 

Larder Lake Twp. 

Latchford 

Leamington 

Lincoln 

Lindsay 

Listowel 

London 

Lucan 

Lucknow 

Madoc 

Magnetawan 

Markdale 

Markham 

Marmora 

Martintown 

Massey 

Maxville 

McGarry Twp 

Meaford 

Merlin 

Midland 

Mildmay 

Millbrook 

Milton 

Milverton 

Mississauga 

Mitchell 

Moorefield 

Morrisburg 

Mount Brydges .... 

Mount Forest 

Nanticoke 

Napanee 



974,115.00 
2,427,479.00 

139,971.00 

1,902,548.00 

19,174,378.00 

1,363,945.00 

69,196.00 

48,163,778.00 

407,250.00 

828,478.00 

235,025.00 

208,841.00 

276,833.00 

95,125.00 

3,654,190.00 

888,495.00 
5,307,652.00 
2,158,971.00 
70,861,828.00 

426,419.00 

424,719.00 

483,575.00 

61,625.00 

510,398.00 

21,136,005.00 

385,885.00 
68,550.00 
301,484.00 
283,886.00 
237,486.00 

1,484,649.00 
177,304.00 

4,987,702.00 
240,569.00 
242,328.00 

7,679,545.00 

517,071.00 

91,282,391.00 

1,139,791.00 
148,751.00 

776,577.00 

253,030.00 

1,160,520.00 

1,790,640.00 

1,783,160.00 



$ 

92,223.00 

306,699.00 

14,763.00 

198,127.00 

1,886,446.00 

136,678.00 

6,550.00 

4,883,021.00 

55,292.00 

92,048.00 

24,427.00 
23,947.00 
26,950.00 
10,636.00 
370,078.00 

89,927.00 

557,065.00 

193,817.00 

7,488,546.00 

40,460.00 

34,112.00 

45,796.00 

7,472.00 

61,422.00 

3,702,609.00 

41,974.00 
6,164.00 

34,584.00 
25,351.00 
20,380.00 

116,292.00 
13,066.00 

472,022.00 
24,084.00 
27,414.00 

1,097,182.00 

36,901.00 

13,384,128.00 

100,046.00 

10,942.00 

89,030.00 
30,080.00 
114,513.00 
150,058.00 
177,284.00 



1,066,338.00 

2,734,178.00 

154,734.00 

2,100,675.00 

21,060,824.00 

1,500,623.00 

75,746.00 

53,046,799.00 

462,542.00 

920,526.00 

259,452.00 
232,788.00 
303,783.00 
105,761.00 
4,024,268.00 

978,422.00 

5,864,717.00 

2,352,788.00 

78,350,374.00 

466,879.00 

458,831.00 

529,371.00 

69,097.00 

571,820.00 

24,838,614.00 

427,859.00 
74,714.00 
336,068.00 
309,237.00 
257,866.00 

1,600,941.00 
190,370.00 

5,459,724.00 
264,653.00 
269,742.00 

8,776,727.00 

553,972.00 

104,666,519.00 

1,239,837.00 

159,693.00 

865,607.00 

283,110.00 

1,275,033.00 

1,940,698.00 

1,960,444.00 



86 



Appendix II — Finance 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 
Year through 

Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance < 
December 31, 



Nepean 

Neustadt 

Newburgh 

Newbury 

Newcastle 

Newmarket 

Niagara Falls 

Niagara-On-The-Lake 

Nickel Centre 

Nipigon Twp 

Norfolk 

North Bay 

North Dorchester 

North York 

Norwich 

Norwood 

Oakville 

Oil Springs 

Omemee 

Orangeville 

Orillia 

Oshawa 

Ottawa 

Owen Sound 

Paisley 

Palmerston 

Paris 

Parkhill 

Parry Sound 

Pelham 

Pembroke 

Penetanguishene 

Perth 

Peterborough 

Petrolia 

Pickering 

Picton 

Plantagenet 

Point Edward 

Port Burwell 

Port Colborne 

Port Elgin 

Port Hope 

Port McNicoll 

Port Stanley 



19,324,175.00 

139,354.00 

127,901.00 

103,042.00 

4,743,615.00 

6,692,986.00 
18,604,695.00 

2,940,306.00 
438,716.00 
655,134.00 

165,889.00 

14,288,353.00 

245,853.00 

137,480,209.00 

729,995.00 

333,869.00 

29,634,153.00 

186,526.00 

231,336.00 

3,267,595.00 

5,449,426.00 

40,317,641.00 

104,524,873.00 

7,417,613.00 

339,510.00 

631,937.00 
2,069,843.00 

495,248.00 
1,947,171.00 

546,352.00 

2,764,550.00 
1,777,881.00 
2,587,696.00 
20,511,235.00 
1,262,598.00 

8,076,264.00 
1,623,603.00 

260,669.00 
2,056,669.00 

130,999.00 

5,424,297.00 

1,862,594.00 

4,994,034.00 

488,892.00 

575,826.00 



2,659,722.00 

10,802.00 

13,238.00 

9,689.00 

431,757.00 

1,009,940.00 

1,874,744.00 

354,463.00 

42,833.00 

51,152.00 

14,135.00 

1,485,093.00 

26,474.00 

15,441,423.00 

60,436.00 

33,786.00 

3,608,939.00 

12,483.00 

25,874.00 

426,069.00 

654,812.00 

3,223,269.00 

11,344,695.00 

783,490.00 

30,992.00 

51,021.00 
182,736.00 

45,400.00 
222,812.00 

52,174.00 

368,586.00 
200,782.00 
269,357.00 
1,927,060.00 
97,774.00 

1,375,281.00 
127,529.00 
29,414.00 
150,597.00 
13,625.00 

580,102.00 
210,893.00 
587,045.00 
48,610.00 
45,948.00 



10,627.00 



16,284.00 



21,983,897.00 

150,156.00 

141,139.00 

112,731.00 

5,175,372.00 

7,702,926.00 
20,479,439.00 

3,294,769.00 
481,549.00 
706,286.00 

180,024.00 

15,773,446.00 

272,327.00 

152,921,632.00 

790,431.00 

367,655.00 

33,243,092.00 

199,009.00 

257,210.00 

3,693,664.00 

6,104,238.00 

43,540,910.00 

115,869,568.00 

8,211,730.00 

370,502.00 

682,958.00 
2,252,579.00 

540,648.00 
2,169,983.00 

598,526.00 

3,133,136.00 
1,978,663.00 
2,857,053.00 
22,438,295.00 
1,360,372.00 

9,451,545.00 
1,767,416.00 

290,083.00 
2,207,266.00 

144,624.00 

6,004,399.00 

2,073,487.00 

5,581,079.00 

537,502.00 

621,774.00 



Equities Accumulated by Municipalities 



87 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance i 
December 31. 



Prescott 

Priceville 

Rainy River 

Red Rock 

Renfrew 

Richmond Hill 

Ridgetown 

Ripley 

Rockland 

Rockwood 

Rodney 

Rosseau 

Russell 

Sandwich West Twp. 
Sarnia 

Scarborough 

Schreiber Twp 

Scugog 

Seaforth 

Shelburne 

Simcoe 

Sioux Lookout 

Smiths Falls 

South Dumfries 

South River 

South- West Oxford.. 

Southampton 

Springfield 

St. Catharines 

St. Clair Beach 

St. Marys 

St. Thomas 

Stayner 

Stirling 

Stoney Creek 

Stratford 

Strathroy 

Sturgeon Falls 

Sudbury 

Sundridge 

Tara 

Tecumseh 

Teeswater 

Terrace Bay Twp. ... 
Thamesville 



1,628,782.00 

35,397.00 

284,059.00 

270,464.00 

2,173,600.00 

10,077,986.00 
879,772.00 
227,954.00 
973,146.00 
293,229.00 

267,168.00 

85,793.00 

312,771.00 

2,248,692.00 

22,590,893.00 

97,609,816.00 

590,291.00 

1,125,384.00 

778,272.00 

774,006.00 

5,076,850.00 
922,238.00 

3,610,775.00 
314,580.00 
261,525.00 

878,097.00 

1,003,406.00 

125,466.00 

48,441,176.00 

511,004.00 

2,092,814.00 

9,289,897.00 

627,866.00 

513,830.00 

9,071,435.00 

10,609,041.00 
2,509,475.00 
1,455,011.00 

22,416,813.00 
280,656.00 

281,708.00 
1,323,918.00 
395,829.00 
717,361.00 
355,404.00 



$ 

141,998.00 

3,891.00 

26,835.00 

17,757.00 

245,723.00 

1,532,706.00 

80,975.00 

17,897.00 

149,908.00 

43,193.00 

24,234.00 

8,304.00 

38,681.00 

263,313.00 

1,351,806.00 

11,857,432.00 
63,603.00 
128,060.00 
57,683.00 
84,826.00 

512,383.00 

109,776.00 

315,215.00 

32,747.00 

29,773.00 

56,978.00 

102,127.00 

10,476.00 

4,886,793.00 

71,519.00 

152,432.00 

851,481.00 

71,631.00 

52,127.00 

1,109,652.00 

944,915.00 

281,134.00 

159,883.00 

2,269,726.00 

33,429.00 

24,868.00 
180,437.00 
34,365.00 
75,166.00 
26,946.00 



1,770,780.00 

39,288.00 

310,894.00 

288,221.00 

2,419,323.00 

11,610,692.00 

960,747.00 

245,851.00 

1,123,054.00 

336,422.00 

291,402.00 

94,097.00 

351,452.00 

2,512,005.00 

23,942,699.00 

109,467,248.00 

653,894.00 

1,253,444.00 

835,955.00 

858,832.00 

5,589,233.00 

1,032,014.00 

3,925,990.00 

347,327.00 

291,298.00 

935,075.00 

1,105,533.00 

135,942.00 

53,327,969.00 

582,523.00 

2,245,246.00 

10,141,378.00 

699,497.00 

565,957.00 

10,181,087.00 

11,553,956.00 
2,790,609.00 
1,614,894.00 

24,686,539.00 
314,085.00 

306,576.00 
1,504,355.00 
430,194.00 
792,527.00 
382,350.00 



88 



Appendix II — Finance 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1 



Thedford 

Thessalon 

Thornbury 

Thorndale 

Thornton 

Thorold 

Thunder Bay 

Tilbury 

Tillsonburg 

Toronto 

Tottenham 

Trenton 

Tweed 

Uxbridge 

Vankleek Hill 

Vaughan 

Victoria Harbour 

Walkerton 

Wallaceburg 

Wardsville 

Warkworth 

Wasaga Beach 

Waterloo- Wellesley-Woolwich 

Watford 

Waubaushene 

Webbwood 

Welland 

Wellington 

West Lincoln 

West Lome 

Westminister Twp 

Westport 

Wheatley 

Whitby 

Whitchurch-Stouffville 

Wiarton 

Williamsburg 

Winchester 

Windsor 

Wingham 

Woodstock 

Woodville 

Wyoming 

York 

Zorra 



234,482.00 
411,860.00 
485,048.00 
114,439.00 
117,502.00 

4,759,965.00 

46,984,027.00 

1,517,124.00 

3,705,513.00 

311,281,106.00 

518,620.00 
6,993,648.00 

609,821.00 
1,020,263.00 

449,323.00 

14,757,545.00 

294,024.00 

1,839,620.00 

6,166,903.00 

105,712.00 

177,555.00 

2,092,602.00 

22,683,261.00 

535,298.00 

203,353.00 

103,075.00 
13,076,908.00 
358,311.00 
291,920.00 
553,525.00 

505,211.00 

242,030.00 

465,302.00 

9,353,307.00 

1,559,315.00 

724,728.00 

113,439.00 

945,891.00 

75,502,504.00 

1,649,212.00 

10,490,684.00 
158,521.00 
346,856.00 

30,416,684.00 
716,917.00 



$ 
20,294.00 
49,652.00 
55,145.00 
9,401.00 
14,264.00 

418,655.00 

3,057,879.00 

192,002.00 

441,189.00 

24,652,121.00 

92,803.00 
758,167.00 
53,698.00 
92,844.00 
57,108.00 

3,342,474.00 

33,086.00 

171,824.00 

592,681.00 

8,639.00 

18,653.00 

245,332.00 

2,784,759.00 

39,801.00 

21,744.00 

11,757.00 
1,123,135.00 
38,120.00 
30,396.00 
51,420.00 

53,415.00 
26,106.00 
39,690.00 
1,269,305.00 
211,013.00 

69,077.00 

9,834.00 

103,187.00 

7,351,202.00 

115,388.00 

933,961.00 

17,141.00 

36,790.00 

2,509,828.00 

69,839.00 



1,563.00 



1,018.00 



254,776.00 
461,512.00 
540,193.00 
123,840.00 
131,766.00 

5,178,620.00 

50,041,906.00 

1,709,126.00 

4,148,265.00 

335,933,227.00 

611,423.00 
7,751,815.00 

663,519.00 
1,113,107.00 

506,431.00 

18,100,019.00 

327,110.00 

2,012,462.00 

6,759,584.00 

114,351.00 

196,208.00 

2,337,934.00 

25,468,020.00 

575,099.00 

225,097.00 

114,832.00 
14,200,043.00 
396,431.00 
322,316.00 
604,945.00 

558,626.00 

268,136.00 

504,992.00 

10,622,612.00 

1,770,328.00 

793,805.00 
123,273.00 

1,049,078.00 
82,853,706.00 

1,764,600.00 

11,424,645.00 
175,662.00 
383,646.00 

32,926,512.00 
786,756.00 



Equities Accumulated by Municipalities 



89 



STATEMENT OF EQUITIES ACCUMULATED BY MUNICIPALITIES 
THROUGH DEBT RETIREMENT APPROPRIATIONS 

For the Year Ended December 31, 1988 



Municipality 



Balance at 
December 31, 1987 



Additions in the 

Year through 
Debt Retirement 
Appropriations 



Transfers 
and Adjustments 



Balance at 
December 31, 1 



Zurich 

Total Municipalities 



269,003.00 
2,243,820,488.00 



$ 
24,176.00 
232,894,670.00 



269,358.00 



293,179.00 
2,476,984,516.00 



90 Appendix III — Power District 

APPENDIX III — POWER DISTRICT 
RETAIL AND DIRECT CUSTOMERS 



Ontario Hydro provides service to retail and direct customers through the 
Power District operation to customers not served by municipalities or private 
power companies. This operation is viewed as comparable in scope with that 
of a municipal utility. Service to retail customers, including residential, farm, 
and general customers, and service to direct customers is administered 
through 48 area offices, six regional offices and the Regions and Energy Man- 
agement Branches at head office. The various classes of service are described 
below. 

RETAIL CUSTOMERS 

Residential Service 

Residential service is provided to single unit dwellings used only for living ac- 
commodation. It embraces two kinds of service — continuous-occupancy ser- 
vice and intermittent-occupancy service. 

Residential continuous-occupancy service is provided to dwellings consid- 
ered to be customers' permanent residences. There are two classes of contin- 
uous-occupancy service for rate purposes-class Rl for service in designated 
zones of high customer concentration where there are at least 100 customers 
of any class in a group with a density of not less than 15 customers per kilo- 
metre of line, and class R2 covering service elsewhere. 

Residential intermittent-occupancy service is provided to any single unit 
residential dwelling which is not regarded as the customer's permanent resi- 
dence and is occupied intermittently throughout the year or part of it. As 
with continuous-occupancy service, there are two classes of intermittent-oc- 
cupancy service for rate purposes, designated R3 and R4 for zones of high 
and normal customer concentrations respectively. 

Farm Service 

The farm class includes single-phase or three-phase electrical service to the 
farm residence and to all buildings and equipment used in the production and 
processing of farm products. For purposes of classification, a farm can in- 
clude a year round residence as well as a business as long as the service to the 
year round residence is supplied through the same meter as the service to the 
business. The business, which is agricultural production on a continuing ba- 
sis, must be carried on at such a level as to ensure that the farm is a viable 
economic unit. 



Retail Customers 



91 



The term "agricultural production," as used here, includes the work of cul- 
tivating soil, producing crops and raising livestock, as well as operations in 
nurseries, for farms, hatcheries and egg production. Properties devoted 
solely to raising pets, or reforestation projects, or the raising of Christmas 
trees, or having extensive acreage but not engaged in agricultural production 
are not classified as farms. 



Retail Revenue 

| 1 General (under 5,000 kW) 

^\\1 Residential 



$ Millions 
• 1200 



1000 




800 



600 



400 



200 



1978 1980 1982 1984 1986 1988 



92 Appendix III — Power District 

General Service 

The general class includes services to all businesses, excluding those that fall 
within the farm class. Customers may receive either single-phase or three- 
phase electrical service at secondary, rural primary, sub- transmission, or 
transmission voltage. 

DIRECT CUSTOMERS 

These customers each have a demand exceeding 5000 kW and are served di- 
rectly under individual contracts with Ontario Hydro. Most are located out- 
side the service areas of municipal utilities. Where Ontario Hydro provides 
service to a direct customer located within the distribution area of a munici- 
pal utility, this is done only with the agreement of the utility. At the end of 
1988, Ontario Hydro provided primary power to 110 direct customers. 



Primary Line and Number of Customers 

PRIMARY LINE, NUMBER OF RETAIL CUSTOMERS 
as at December 31, 1988 



93 



Areas by Regions 



Primary Line 
Km 



Number of Customers 



Residential 



Continuous 
Occupancy 
or All- Year 



Intermittent 
Occupancy 
or Seasonal 



Farm 



General 



Central Region 

*Dundas 

Fenelon Falls . . 
*Guelph 

Lakeshore . . . . 

Newmarket . . . 

Peterborough . . 
TOTAL 

Western Region 

Beachville . . . . 

Clinton 

East Elgin 

Essex 

Kent 

Lambton 

•Lincoln 

Simcoe 

Strathroy . . . . 

TOTAL 

Eastern Region 

*Arnprior 

Bancroft 

Brockville 

Cobden 

'Frankford . . . . 

Kingston 

Perth 

Picton 

Tweed 

VankleekHill . 

Winchester . . . 
TOTAL 



1,078 
2,213 
2,585 
2,415 
1,758 

2,531 



14,621 
11,777 
8,702 
17,038 
23,361 

12,777 



358 
8,316 
1,269 
2,171 
1,988 

6,470 



1,883 
2,358 
4,913 
2,881 

2,771 

2,330 



1,438 
1,400 
1,427 
1,690 
2,640 

1,688 



12,580 



88,276 



20,572 



17,136 



10,283 



2,664 
2,321 
1,336 
1,713 
2,743 

1,834 
1,124 
2,694 
2,546 



9,431 
6,699 
7,310 
15,793 
8,593 

14,918 
9,728 

14,542 
7,364 



104 
2,662 

132 
1,972 
1,235 

1,966 

706 

3,565 

51 



5,838 
5,427 
3,260 
4,695 
6,384 

3,703 
2,051 
6,267 
5,199 



1,546 
1,295 
1,744 
2,065 
1,886 

2,122 
1,112 
2,007 
1,359 



18,975 



94,378 



12,393 



42,824 



15,136 



1,358 


9,276 


1,719 


4,318 


1,801 


9,460 


2,804 


13,897 


1,773 


12,943 


2,354 


22,932 


3,177 


11,026 


1,395 


8,089 


2,173 


5,994 


2,150 


11,482 



3,057 



27,307 



1,715 
7,626 
2,463 
4,154 
1,817 

4,143 
6,175 
1,819 
6,102 
1,162 

384 



1,076 
229 
1,808 
1,914 
2,378 

1,902 
2,553 
2,059 
1,243 
3,397 

4,773 



1,093 
610 
1,319 
1,878 
1,412 

2,829 
1,527 
1,015 
993 
1,468 

2,524 



23,761 



136,724 



37,560 



23,332 



16,668 



•Figures include non-utility generation accounts. 



94 



Appendix III — Power District 



PRIMARY LINE, NUMBER OF RETAIL CUSTOMERS (Cont'd.) 
as at December 31, 1988 



Areas by Regions 



Primary Line 
Km 



Number of Customers 



Residential 



Continuous 
Occupancy 
or All-Year 



Intermittent 
Occupancy 
or Seasonal 



Farm 



General 



Total 



Georgian Bay Region 

Alliston 

Huronia 

Minden 

Muskoka 

Parry Sound 

Penetang 

Orangeville 

Owen Sound 

*Walkerton 

TOTAL 

Northeastern Region 

*Algoma 

Kapuskasing 

Kirkland Lake .... 

Manitoulin 

NewLiskeard .... 

t*NorthBay 

Sudbury 

*Timmins 

tWarren 

TOTAL 

Northwestern Region 

•Dryden 

Fort Frances 

Kenora 

Thunder Bay 

TOTAL 

TOTAL RETAIL . . 



1,550 
2,982 
1,431 
3,622 
1,831 

1,205 
1,937 
2,994 
3,141 



6,914 
24,381 

4,425 
13,575 

4,012 

6,011 
11,700 
10,222 

7,013 



463 
9,993 
10,272 
20,741 
8,846 

9,971 

590 

9,896 

3,113 



2,192 

3,317 

165 

293 

105 

552 
2,393 
3,693 

6,227 



758 
2,890 

960 
2,718 

949 

1,036 
1,254 
1,751 
1,359 



10,327 
40,581 
15,822 
37,327 
13,912 

17,570 
15,937 
25,562 
17,712 



20,693 



88,253 



73,£ 



18,937 



13,675 



194,750 



1,054 
1,060 
383 
1,230 
1,415 

1,700 
1,246 
1,390 
1,150 



10,274 
6,075 
6,122 
3,774 
7,811 

7,734 
19,367 
19,965 

4,523 



1,229 
858 
629 

2,337 
798 

2,783 
1,737 
1,078 
2,355 



131 

88 

5 

470 

915 

248 
100 
192 

384 



1,409 
975 
993 
966 

1,637 

1,231 

1,900 

3,058 

727 



13,043 
7,9% 
7,749 
7,547 

11,161 

11,996 
23,104 
24,293 
7,989 



10,628 



85,645 



13,804 



2,533 



12,896 



114,878 



1,359 


6,280 


1,253 


2,513 


1,003 


3,022 


2,361 


11,840 



755 

914 

3,402 

3,178 



66 

592 
21 
139 



1,664 
684 
762 

2,307 



8,765 
4,703 
7,207 
17,464 



5,976 



23,655 



8,249 



818 



5,417 



38,139 



92,613 



516,931 



166,463 



105,580 



74,075 



863,049 



*Figures Include non-utility generation accounts. 
tEstimated customers. 



Electricity Sales, Revenue, and Customers 

POWER DISTRICT 
ELECTRICITY SALES, REVENUE, AND CUSTOMERS 



95 













Monthly 


Revenue 


Class of Service 


Year 


Sales 


Revenue 


Customers 


Use Per 
Customer 


Per 

kW.h 






kW.h 


$ 




kW.h 





Residential . . . 


1978 


5,904,562,900 


196,936,328 


445,527 


1,126* 


3.34 


Continuous 


1979 


5,892,631,400 


212,747,044 


434,440 


1,132* 


3.61 


Occupancy 


1980 


5,888,096,900 


236,879,454 


429,957 


1,135* 


4.02 




1981 


5,808,757,400 


257,530,560** 


422,262 


1,136* 


4.44 




1982 


5,981,830,600 


289,943,576*** 


426,908 


1,174 


4.85 




1983 


6,006,290,900 


317,101,188*** 


432,898 


1,164 


5.28 




1984 


6,606,569,000 


372,196,016*** 


443,731 


1,256 


5.63 




1985 


6,787,660,500 


418,642,093*** 


458,022 


1,255 


6.17 




1986 


7,153,181,800 


462,290,375*** 


474,200 


1,279 


6.46 




1987 


7,485,851,785 


525,374,055*** 


493,795 


1,289 


7.02 




1988 


8,363,751,200 


599,968,902*** 


516,931 


1,379 


7.17 


Residential . . . 


1978 


431,715,700 


25,903,387 


160,139 


225* 


6.00 


Intermittent 


1979 


453,115,800 


29,259,090 


160,495 


231* 


6.46 


Occupancy 


1980 


449,596,600 


32,205,995 


161,355 


232* 


7.16 




1981 


487,495,900 


36,932,597 


163,046 


250* 


7.58 




1982 


508,166,800 


41,015,076 


163,741 


259 


8.07 




1983 


484,388,000 


44,115,613 


164,071 


246 


9.11 




1984 


533,832,000 


50,300,953 


163,913 


271 


9.42 




1985 


530,716,300 


54,929,552 


163,765 


270 


10.35 




1986 


564,394,100 


60,381,527 


164,284 


287 


10.70 




1987 


576,998,145 


67,505,319 


165,522 


292 


11.70 




1988 


639,899,100 


73,519,195 


166,463 


321 


11.49 


Farm 


1978 


2,105,581,500 


67,661,810 


115,019 


1,523* 


3.21 




1979 


2,197,378,300 


75,197,986 


112,786 


1,602* 


3.42 




1980 


2,247,550,700 


83,959,051 


111,462 


1,665* 


3.74 




1981 


2,298,139,200 


94,466,190** 


110,245 


1,728* 


4.11 




1982 


2,322,291,800 


104,503,701*** 


109,516 


1,761 


4.50 




1983 


2,321,935,300 


113,113,690*** 


107,596 


1,782 


4.87 




1984 


2,420,793,000 


126,832,907*** 


107,049 


1,880 


5.24 




1985 


2,415,607,900 


138,587,379*** 


106,548 


1,885 


5.74 




1986 


2,446,594,900 


146,575,206*** 


106,163 


1,917 


5.99 




1987 


2,496,525,152 


161,706,422*** 


105,880 


1,962 


6.48 




1988 


2,621,526,500 


174,913,086*** 


105,580 


2,066 


6.67 



The monthly use per customer has been adjusted to reflect the transfer of customers to restruc- 
tured municipal utilities. 

Gross revenue prior to application of 1981 Ontario Government Assistance. 

Gross revenue prior to application of Rural Rate Assistance. 



96 Appendix HI — Power District 

POWER DISTRICT 
ELECTRICITY SALES, REVENUE, AND CUSTOMERS 













Monthly 


Revenue 


Class of Service 


Year 


Sales 


Revenue 


Customers 


Use Per 
Customer 


Per 

kW.h 






kW.h 


$ 




kW.h 


<t 


General 


1978 


4,428,738,500 


117,593,420 


65,020 


5,738* 


2.66 


Under 5 000 kW 


1979 


4,407,296,200 


125,603,473 


63,216 


5,668* 


2.85 




1980 


4,281,368,600 


135,648,385 


63,343 


5,559* 


3.17 




1981 


4,125,066,000 


143,739,130 


62,742 


5,453* 


3.48 




1982 


3,989,649,900 


153,564,352 


63,255 


5,277 


3.85 




1983 


3,947,161,250 


165,846,251 


63,939 


5,172 


4.20 




1984 


4,240,264,053 


191,190,661 


65,055 


5,479 


4.51 




1985 


4,447,686,860 


216,942,093 


66,687 


5,627 


4.88 




1986 


4,762,539,733 


242,587,413 


68,546 


5,870 


5.09 




1987 


4,861,877,311 


269,948,026 


70,740 


5,818 


5.55 




1988 


5,312,689,166 


303,907,652 


74,075 


6,114 


5.72 


General 


1978 


14,774,977,578 


245,208,059 


101 


11,896,117 


1.66 


Over 5 000 kW 


1979 


15,756,928,631 


284,522,703 


104 


12,810,511 


1.81 


(Directs) 


1980 


16,431,878,561 


341,117,817 


104 


13,166,569 


2.08 




1981 


17,077,003,922 


390,460,618 


107 


13,816,337 


2.29 




1982 


15,118,572,381 


394,746,692 


106 


11,829,869 


2.61 




1983 


16,347,808,580 


447,803,718 


108 


12,731,938 


2.74 




1984 


17,816,205,225 


515,821,316 


103 


14,072,832 


2.89 




1985 


18,002,577,560 


567,792,563 


101 


14,707,988 


3.15 




1986 


18,446,852,365 


603,546,114 


104 


15,070,958 


3.27 




1987 


19,560,673,847 


675,273,137 


106 


15,524,344 


3.45 




1988 


20,096,635,450 


730,384,994 


107 


15,725,067 


3.63 


Street Lighting . . 


1978 


56,075,700 


1,408,620 






2.51 




1979 


60,358,600 


1,553,632 






2.57 




1980 


69,072,300 


1,918,836 






2.78 




1981 


64,038,500 


1,975,497 






3.08 




1982 


65,461,400 


2,210,561 






3.38 




1983 


65,008,400 


2,402,678 






3.70 




1984 


65,830,000 


2,669,685 






4.06 




1985 


67,538,500 


3,014,066 






4.46 




1986 


69,375,900 


3,271,468 






4.72 




1987 


70,998,050 


3,662,771 






5.16 




1988 


91,772,800 


4,955,633 






5.40 



The monthly use per customer has been adjusted to reflect the transfer of customers to restruc- 
tured municipal utilities. 



Supplement 97 

SUPPLEMENT 

Municipal Electric Service 

The 316 municipal electric utilities, collectively, are the major distributors of 
power to the ultimate retail customers. Some appreciation of their combined 
operations and growth can be gained from the following statistics: 

Increase 
1988 1987 % 

Plant and Facilities (at cost) 

. (Millions of dollars) 3,974 3,570 11.3 

Customers (000's) 2,593 2,515 3.1 

Energy Supplied 

(Millions of kW.h) 85,232 80,019 6.5 

Annual kW.h per Customer 32,873 31,817 3.3 

Number of Utilities 316 316 

The increase in energy use of 6.5% compares with 4.0% in 1987; the over- 
all increase in revenue from the sale of power and energy was $465 million or 
11.8% over that received in 1987. Revenue from other sources increased by 
$10 million or 10.8%. The revenue for each class of service for the years 1987 
and 1988 is compared below: 

Class of Service 1988 1987 Increase 

(Includes prorated adjustment ($000,000) ($000,000) % 

for unbilled revenue and prior 
years' billing adjustment) 

Residential 1,435 1,276 12.5 

General (inc. commercial 

and industrial) 2,937 2,634 11.5 

Streetlighting 33 31 6.5 

Total Service Revenue 4,406 3,941 11.8 

Other Revenue 103 93 10.8 

Total Revenue 4,509 4,034 11.8 



98 Municipal Electrical Utilities 

A comparison of the various elements of cost is shown below. 

1988 1987 Increase 







%of 




%of 










$000,000 

3,785 


Total 
88.0 


$000,000 
3,406 


Total 
87.9 


$000,0 


% 


Cost of Power . . . 




379 


11.1 


Operations and 
Maintenance . . . 


192 


4.5 


171 


4.4 




21 


12.3 


Billing, Collecting 
Administration . 


177 


4.1 


164 


4.2 




13 


7.9 


Depreciation .... 


127 


2.9 


115 


3.0 




12 


10.4 


Interest 


22 


.5 


21 


.5 




1 


4.8 


Extraordinary Items 


(1) 

4,302 


100.0 


(1) 

3,876 


100.0 








Total 




426 


11.0 


Municipal Electrical Utilities Revenue 










H Street 


Lighting and Othe 


r 




$ Millions 






]] General 
k\\l Residential 






• 


5000 








4500 
4000 
3500 
3000 
2500 
2000 
1500 
1000 
500 



1978 1980 1982 1984 1986 1988 



Electricity Sales, Revenue, and Customers 

MUNICIPAL UTILITY 
ELECTRICITY SALES, REVENUE, AND CUSTOMERS 



99 













Monthly 


Revenue 


Class of Service 


Year 


Sales 


Revenue 


Customers 


Use Per 
Customer 


Per 
kW.h 






kW.h 


$ 




kW.h 


t 


Residential 


1978 


17,025,577,108 


474,034,772 


1,805,209 


799 


2.78 




1979 


17,565,667,706 


528,959,296 


1,854,535 


800 


3.01 


. 


1980 


17,932,123,332 


605,536,287 


1,901,896 


796 


3.38 




1981 


18,438,609,678 


684,068,885 


1,942,956 


799 


3.71 




1982 


18,886,891,334 


771,290,930 


1,968,557 


805 


4.08 




1983 


19,710,406,892 


866,807,435 


2,007,356 


826 


4.40 




1984 


20,693,144,465 


975,142,474 


2,044,747 


851 


4.71 




1985 


21,160,129,780 


1,068,606,382 


2,089,792 


853 


5.05 




1986 


22,242,481,786 


1,163,503,464 


2,142,849 


876 


5.23 




1987 


23,061,337,469 


1,268,509,351 


2,208,733 


883 


5.50 




1988 


24,754,756,140 


1,424,737,173 


2,274,782 


920 


5.76 


General 


1978 


31,645,398,787 


762,983,114 


241,623 


11124 


2.41 


Under 5,000 kW 


1979 


33,096,418,309 


866,465,702 


252,051 


11,174 


2.62 




1980 


34,187,505,625 


1,007,242,380 


258,506 


11,160 


2.95 




1981 


35,697,764,317 


1,156,576,203 


265,746 


11,349 


3.24 




1982 


35,896,905,250 


1,288,862,632 


271,864 


11,129 


3.59 




1983 


37,383,602,494 


1,436,425,179 


274,424 


11,405 


3.84 




1984 


39,409,612,800 


1,630,700,982 


280,415 


11,838 


4.14 




1985 


40,805,702,805 


1,805,468,754 


287,360 


11,979 


4.42 




1986 


43,021,927,216 


1,972,120,211 


296,157 


12,288 


4.58 




1987 


45,191,256,633 


2,171,716,908 


305,927 


12,510 


4.81 




1988 


47,817,823,418 


2,412,191,188 


317,878 


12,776 


5.04 


General 


1978 


9,853,962,963 


190,760,474 


120 


6,988,626 


1.94 


Over 5,000 kW 


1979 


10,254,591,261 


216,438,880 


119 


7,151,040 


2.11 




1980 


9,678,858,443 


231,026,403 


122 


6,693,463 


2.39 




1981 


9,667,130,048 


252,980,769 


118 


6,713,285 


2.62 




1982 


9,532,967,341 


282,432,162 


120 


6,675,747 


2.96 




1983 


9,861,695,941 


312,646,773 


118 


6,905,950 


3.17 




1984 


10,538,116,870 


358,148,852 


121 


7,348,757 


3.40 




1985 


10,857,379,886 


398,871,911 


125 


7,355,948 


3.67 




1986 


10,947,950,446 


418,555,663 


129 


7,183,695 


3.82 




1987 


11,097,992,682 


446,225,754 


133 


7,059,792 


4.02 




1988 


11,987,843,100 


503,832,858 


149 


7,085,014 


4.20 


Street Lighting . . 


1978 


630,757,605 


14,305,257 






2.27 




1979 


647,160,888 


15,894,416 






2.46 




1980 


657,393,343 


18,266,009 






2.78 




1981 


665,282,032 


20,404,086 






3.07 




1982 


667,153,365 


22,629,985 






3.39 




1983 


668,616,358 


24,456,306 






3.66 




1984 


669,492,926 


26,662,336 






3.98 




1985 


665,195,977 


28,355,032 






4.26 




1986 


663,272,664 


29,266,111 






4.41 




1987 


668,063,633 


30,942,514 






4.63 




1988 


671,707,457 


32,744,236 






4.87 



100 Municipal Electrical Utilities 

Net income was $207 million compared to $158 million in 1987. 

The sources of funds for the municipal electric utilities totalled $503 mil- 
lion. This was comprised of $346 million from operations, $47 million from 
borrowing and $105 million through contributions in aid of construction, $1 
million from extraordinary items, and a net increase in other liabilities less 
other assets of $4 million. Additions to fixed assets amounted to $422 million 
and the redemption of debt amounted to $32 million. Net statement of equity 
changes amounted to $9 million. Working capital increased by $39 million. 

The total assets of the 316 municipal electrical utilities at December 31, 
1988 amounted to $6,039 million after deducting accumulated depreciation of 
$1,348 million. Included in these assets is the equity of the utilities in the as- 
sets of Ontario Hydro in the amount of $2,244 million or 37% of their total 
assets. This represents the accumulation of charges in the cost of power for 
the repayment of Ontario Hydro's long-term debt. These amounts would cor- 
respond to those reported in the Statement of Accumulated Equities if these 
were available when the utilities close their books. As this is not possible, the 
equities stated are those at the end of 1987 rather than 1988. The number of 
utilities remains the same as in 1987. 

The books of account, from which the foregoing information is derived, 
are kept by the utilities in accordance with a standard accounting system de- 
signed by Ontario Hydro for use by all municipal electric utilities. These 
records are periodically inspected by the Corporation's municipal accoun- 
tants. From time to time, adjustments and improvements in accounting pro- 
cedures and office practices are recommended. By providing this type of 
assistance and supervision, Ontario Hydro seeks to ensure the correct appli- 
cation of rates and standard procedures and the observance of a uniform clas- 
sification of revenues and expenditures. The work performed by the 
Corporation's municipal accountants does not, however, constitute an audit 
of their accounts; that function is performed by the duly appointed auditor of 
each municipality. 



102 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Ailsa Craig 
315 


Ajax 
15,605 


Alexandria 
1,711 


Alfred 
493 


Alliston 
2,127 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
231,344 
99,849 


$ 
19,960,705 
4,705,934 


$ 
1,818,977 
747,871 


$ 
398,103 
196,889 


$ 
1,984,173 
780,807 


Less: Accumulated Depreciation 




131,495 

65,435 

15,000 

3,368 

48,100 

1,362 


15,254,771 

859,910 
169,000 
291,866 
2,277,286 
780,719 


1,071,106 

122,112 

103,194 

430,671 

96,099 

4,159 


201,214 

143,523 

8,869 

107,540 

9,674 

2,065 


1,203,366 

51,380 

161,966 

443,821 

168,917 

9,665 


CURRENT ASSETS 


Investments 




Inventory 

Other 




133,265 
242,820 


4,378,781 

54,539 

6,184,702 


756,235 
1,457,456 


271,671 
362,934 


835,749 

12,382 

1,390,708 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


507,580 


25,872,793 


3,284,797 


835,819 


3,442,205 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


1,123,518 


121,392 


- 


280,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


1,123,518 
107,513 


121,392 
8,488 


— 


280,000 
20,000 


Total 

LIABILITIES 


37,112 
2,475 


1,016,005 

1,823,996 
333,806 


112,904 

295,844 
67,160 


73,504 
5,142 


260,000 

301,741 
45,332 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


39,587 

8,633 

786 


2,157,802 

7,740,492 
717,012 


363,004 

169,902 
20,972 


78,646 

22,162 
3,976 


347,073 

168,493 
15,513 




RESERVES 

UTILITY EQUITY 


7,847 

217,326 
242,820 


7,023,480 

9,490,804 
6,184,702 


148,930 

1,202,503 
1,457,456 


18,186 

376,053 
362,934 


152,980 

1,291,444 
1,390,708 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


507,580 


25,872,793 


3,284,797 


835,819 


3,442,205 



Statements B and C 



103 



Statements for the Year Ended December 31, 1988 



Municipality 


Ailsa Craig 
315 


Ajax 
15,605 


Alexandria 
1,711 


Alfred 
493 


Alliston 

2,127 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
219,412 
(2,086) 


$ 
7,846,714 
1,466,668 

177,422 


$ 
1,136,032 
66,471 


$ 
327,697 
48,356 


$ 

1,150,132 
141,312 


UTILITY EQUITY, END OF YEAR 


217,326 


9,490,804 


1,202,503 


376,053 


1,291,444 




C. STATEMENT OF OPERATIONS 

REVENUE 


369,300 
9,913 


18,193,888 
302,352 


2,799,904 
41,303 


789,441 
7,624 


2,826,734 
59,584 


Other Operating Revenue 


TOTAL REVENUE 


379,213 


18,496,240 


2,841,207 


797,065 


2,886,318 




EXPENSE 


349,330 

4,356 
10,919 
8,071 
8,623 


15,314,503 

484,720 
365,393 
270,159 
435,375 
154,750 


2,489,644 

82,736 
61,478 
83,679 
52,181 
5,018 


697,341 

4,651 
10,391 
20,962 
15,364 


2,308,711 

135,160 
64,599 

105,863 
65,445 
32,692 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


381,299 


17,024,900 


2,774,736 


748,709 


2,712,470 




Income Before Extraordinary/ 
Unusual Items 


(2,086) 


1,471,340 
4,672 


66,471 


48,356 


173,848 
32,536 




NET INCOME 


(2,086) 


1,466,668 


66,471 


48,356 


141,312 





104 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Almonte 
1,843 


Alvinston 
372 


Amherstburg 
2,819 


Ancaster 
1,789 


Apple Hill 
116 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
5,027,146 
899,643 


$ 
232,488 
78,953 


$ 

3,344,650 
1,230,103 


S 

2,205,193 
739,564 


$ 

80,721 
35,170 


Less: Accumulated Depreciation 




4,127,503 

238,652 

62,040 

329,000 

35,220 

3,069 


153,535 

48,281 

6,120 

35,400 

4,006 

1,290 


2,114,547 

270,906 

101,213 

649,832 

103,301 

3,259 


1,465,629 

80,444 

42,568 

283,089 

7,373 


45,551 

19,349 

3,558 
13,222 

806 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 




667,981 

15,000 

893,399 


95,097 

462 

190,313 


1,128,511 

3,237 

2,506,337 


413,474 
982,758 


36,935 
62,319 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


5,703,883 


439,407 


5,752,632 


2,861,861 


144,805 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


503,633 


68,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


503,633 
56,000 


68,000 
7,000 


— 


Total 

LIABILITIES 


3,055,084 
33,477 


34,295 
1,090 


447,633 

632,133 
32,903 


61,000 

151,697 
8,598 


10,567 
640 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


3,088,561 

108,561 
8,157 


35,385 

27,061 
6,698 


665,036 

144,343 
16,453 


160,295 

635,051 
88,271 


11,207 




RESERVES 

UTILITY EQUITY 


100,404 

1,621,519 
893,399 


20,363 

193,346 
190,313 


127,890 

2,005,736 
2,506,337 


546,780 

1,111,028 
982,758 


71,279 
62,319 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABILITIES & EQUITY . 


5,703,883 


439,407 


5,752,632 


2,861,861 


144,805 



Statements B and C 



105 



Statements for the Year Ended December 31, 1988 



Municipality 


Almonte 
1,843 


Alvinston 

372 


Amherstburg 
2,819 


Ancaster 
1,789 


Apple Hill 
116 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,490,658 
130,861 


$ 
178,253 
15,093 


$ 
1,858,587 
147,149 


$ 
1,005,990 
105,038 


$ 

63,945 
7,334 


UTILITY EQUITY, END OF YEAR 


1,621,519 


193,346 


2,005,736 


1,111,028 


71,279 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


1,895,248 
84,893 


312,789 
9,035 


4,609,875 
80,733 


1,940,899 
27,052 


97,462 
1,373 


TOTAL REVENUE 


1,980,141 


321,824 


4,690,608 


1 ,967,951 


98,835 




EXPENSE 


1,395,064 
32,758 
124,205 
102,293 
59,036 
75,169 
755 


272,986 

6,410 
9,829 
9,653 
7,853 


3,902,781 

230,607 
67,966 
175,182 
100,038 
66,885 


1,580,547 

82,588 
54,434 
77,864 
59,494 
7,986 


82,825 

2,125 
1,980 
1,424 
3,147 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,789,280 


306,731 


4,543,459 


1,862,913 


91,501 




Income Before Extraordinary/ 
Unusual Items 


190,861 
60,000 


15,093 


147,149 


105,038 


7,334 




NET INCOME 


130,861 


15,093 


147,149 


105,038 


7,334 





106 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Arkona 

218 


Arnprior 
2,991 


Arthur 
820 


Atikokan Twp. 
1,936 


Aurora 

8,809 




A. BALANCE SHEET 

FIXED ASSETS 


$ 

63,592 

29,804 


$ 
3,229,073 
1,340,495 


$ 
798,287 
341,584 


$ 
1,979,324 
1,062,926 


$ 

15,537,600 
3,052,424 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 

Cash and Bank 

Investments 


33,788 

19,151 

9,289 
17,950 

889 


1,888,578 

130,813 
75,000 
164,078 
758,000 
23,544 
10,189 


456,703 

44,813 

61,241 

175,159 

13,765 

6,582 


916,398 

448,039 

67,924 

319,747 

63,007 

8,625 


12,485,176 

161,519 

1,536,248 

888,543 

1,105,906 

16,198 




Inventory 

Other 




47,279 
135,386 


1,161,624 

1,010 

2,661,132 


301,560 

4,000 

621,862 


907,342 
1,477,756 


3,708,414 

32,122 

4,209,518 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


216,453 


5,712,344 


1,384,125 


3,301,496 


20,435,230 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


54,000 


49,000 


- 


1,800,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


54,000 
4,000 


49,000 
4,000 


— 


1,800,000 
109,800 


Total 

LIABILITIES 


14,068 
550 


50,000 

164,500 
60,348 


45,000 

120,705 
5,930 


392,277 
69,761 


1,690,200 

2,112,388 
85,812 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


14,618 

5,182 
207 


224,848 

339,837 
31,449 


126,635 

46,556 
4,412 


462,038 

228,781 
54,328 


2,198,200 

5,546,626 
589,285 




RESERVES 

UTILITY EQUITY 


4,975 

61,474 
135,386 


308,388 

2,467,976 
2,661,132 


42,144 

548,484 
621,862 


174,453 

1,187,249 
1,477,756 


4,957,341 

7,379,971 
4,209,518 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABILITIES & EQUITY . 


216,453 


5,712,344 


1,384,125 


3,301,496 


20,435,230 



Statements B and C 



107 



Statements for the Year Ended December 31, 1988 



Municipality 


Arkona 
218 


Arnprior 
2,991 


Arthur 
820 


Atikokan Twp. 
1,936 


Aurora 
8,809 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

49,460 

12,014 


$ 
2,153,142 
314,834 


$ 
507,753 
40,731 


$ 
1,169,033 
18,216 


$ 
6,633,857 
746,114 


UTILITY EQUITY, END OF YEAR 


61,474 


2,467,976 


548,484 


1,187,249 


7,379,971 




C. STATEMENT OF OPERATIONS 

REVENUE 


181,387 
6,703 


5,900,282 
112,971 


1,218,787 
20,333 


2,897,958 
69,590 


12,305,124 
231,824 


Other Operating Revenue 


TOTAL REVENUE 


188,090 


6,013,253 


1,239,120 


2,967,548 


12,536,948 




EXPENSE 


164,571 

3,023 
3,944 
2,320 
2,218 


5,311,835 

81,555 
115,337 

69,359 
124,906 

10,419 


1,081,540 

33,926 
28,656 
22,133 
26,420 
5,714 


2,353,269 

194,352 
122,386 
104,006 
74,505 


10,174,624 

545,421 
174,589 
358,322 
329,305 
208,573 




Operation and Maintenance 

Billing and Collecting 

Administration 






TOTAL EXPENSE 


176,076 


5,713,411 


1,198,389 


2,848,518 


11,790,834 


Income Before Extraordinary/ 


12,014 


299,842 
(14,992) 


40,731 


119,030 
100,814 


746,114 






NET INCOME 


12,014 


314,834 


40,731 


18,216 


746,114 





108 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Avonmore 
148 


Aylmer 
2,370 


Bancroft 
1,118 


Barrie 
21,059 


Barry's Bay 
583 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
105,427 
57,849 


$ 
1,929,780 
716,257 


$ 
1,474,288 
688,078 


$ 

40,476,123 
10,005,530 


$ 

453,186 
195,537 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


47,578 

15,280 
12,770 

4,471 
12,998 

3,213 


1,213,523 

295,437 
120,000 

63,847 
423,915 

77,064 
7,925 


786,210 

151,338 

59,820 

204,681 

45,599 

1,927 


30,470,593 

2,985,166 

1,397,416 

5,160,439 

2,267,187 

245,502 


257,649 

143,570 

25,157 

90,980 

15,655 

1,324 


Investments 




Inventory 

Other 




48,732 

1,432 

55,218 


988,188 

1,563 

1,951,779 


463,365 

24,388 

747,136 


12,055,710 

81,632 

14,407,568 


276,686 
326,730 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


152,960 


4,155,053 


2,021,099 


57,015,503 


861,065 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


2,000 


22,000 


14,347 


4,735,901 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


2,000 
400 


22,000 
2,750 


14,347 
1,608 


4,735,901 
342,065 


— 


Total 

LIABILITIES 


1,600 

9,200 
982 


19,250 

453,577 
18,860 


12,739 

183,870 
850 


4,393,836 

6,133,643 
465,112 


59,333 
7,267 


Other Liabilities 


Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


10,182 

11,447 
1,172 


472,437 

184,171 
18,242 


184,720 

100,128 
12,049 


6,598,755 

11,176,575 
964,6% 


66,600 

18,450 
3,690 




RESERVES 

UTILITY EQUITY 


10,275 

75,685 
55,218 


165,929 

1,545,658 
1,951,779 


88,079 

988,425 
747,136 


10,211,879 

21,403,465 
14,407,568 


14,760 

452,975 
326,730 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABILITIES & EQUITY . 


152,960 


4,155,053 


2,021,099 


57,015,503 


861,065 



Statements B and C 



109 



Statements for the Year Ended December 31, 1988 



Municipality 


Avonmore 

148 


Aylmer 
2,370 


Bancroft 
1,118 


Barrie 
21,059 


Barry's Bay 
583 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

70,087 
5,598 


$ 
1,369,882 
175,776 


$ 
967,881 
20,544 


$ 
18,900,001 
2,503,464 


$ 
388,278 
64,697 


UTILITY EQUITY, END OF YEAR 


75,685 


1,545,658 


988,425 


21,403,465 


452,975 




C. STATEMENT OF OPERATIONS 

REVENUE 


117,704 
1,899 


3,062,806 
44,928 


1,661,500 
36,975 


34,261,387 
648,194 


659,476 
14,373 






TOTAL REVENUE 


119,603 


3,107,734 


1,698,475 


34,909,581 


673,849 




EXPENSE 

Power Purchased 

Local Generation 


98,857 

1,650 
4,386 
4,428 
4,438 
246 


2,692,013 

40,980 
50,131 
80,696 
64,771 
3,367 


1,430,807 
26,680 
63,806 
44,540 
64,682 
46,220 
1,196 


28,553,712 

1,489,118 
481,157 
526,241 

1,089,600 
266,289 


531,215 

13,915 
29,298 
16,438 
17,719 
567 


Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


114,005 


2,931,958 


1,677,931 


32,406,117 


609,152 




Income Before Extraordinary/ 


5,598 


175,776 


20,544 


2,503,464 


64,697 






NET INCOME 


5,598 


175,776 


20,544 


2,503,464 


64,697 





no 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Bath 
459 


Beachburg 
336 


Beeton 

853 


Belle River 
1,496 


Belleville 
14,431 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
283,970 
168,046 


$ 
345,373 
151,932 


$ 

784,341 
296,386 


$ 

1,428,771 
514,409 


$ 

19,956,579 
7,739,364 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


115,924 

8,028 

15,000 

43,088 

63,961 

3,372 

1,640 


193,441 

29,389 

17,780 

46,106 

3,140 

1,202 


487,955 

45,271 
80,000 
88,376 
41,326 
20,160 
2,335 


914,362 

143,166 

72,246 

188,700 

43,895 

4,848 


12,217,215 

2,917,372 

1,406,858 

2,960,257 

908,540 

24,167 


Investments 




Inventory 

Other 




135,089 
239,567 


97,617 
167,631 


277,468 

11,835 

357,065 


452,855 
724,009 


8,217,194 

111,911 

12,457,940 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


490,580 


458,689 


1,134,323 


2,091,226 


33,004,260 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


- 


- 


1,118,452 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


— 


1,118,452 
168,864 


Total 

LIABILITIES 
Current Liabilities 


48,900 
1,296 


39,034 


94,330 
8,696 


230,109 
28,118 


949,588 

3,225,861 
205,880 




Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


50,1% 

23,217 
5,684 


39,034 

7,664 
983 


103,026 

133,243 
38,806 


258,227 

79,316 
7,996 


3,431,741 

925,381 
141,467 




RESERVES 

UTILITY EQUITY 


17,533 

183,284 
239,567 


6,681 

245,343 
167,631 


94,437 

579,795 
357,065 


71,320 

1,037,670 
724,009 


783,914 

15,381,077 
12,457,940 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


490,580 


458,689 


1,134,323 


2,091,226 


33,004,260 



Statements B and C 



111 



Statements for the Year Ended December 31, 1988 



Municipality 


Bath 
459 


Beachburg 
336 


Beeton 

853 


Belle River 
1,496 


Belleville 

14,431 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
170,200 
13,084 


$ 
224,140 
21,203 


$ 
541,902 
37,893 


$ 
991,575 
46,095 


$ 

13,470,470 

1,701,917 

(69,278) 
277,968 


UTILITY EQUITY, END OF YEAR 


183,284 


245,343 


579,795 


1,037,670 


15,381,077 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


471,167 
14,174 


344,487 
5,245 


745,268 
24,564 


1,604,034 
30,250 


24,902,769 

852,654 


TOTAL REVENUE 


485,341 


349,732 


769,832 


1,634,284 


25,755,423 




EXPENSE 


416,115 

12,257 
18,999 
13,912 
10,837 
137 


282,460 

3,548 
13,931 
15,296 
13,294 


607,332 

39,171 

34,774 

22,527 

27,637 

498 


1,316,080 

145,423 
49,072 
27,679 
49,935 


21,196,721 

1,103,935 
385,273 
453,897 
777,114 
136,566 






Billing and Collecting 

Administration 






TOTAL EXPENSE 


472,257 


328,529 


731,939 


1,588,189 


24,053,506 




Income Before Extraordinary/ 
Unusual Items 


13,084 


21,203 


37,893 


46,095 


1,701,917 




NET INCOME 


13,084 


21,203 


37,893 


46,095 


1,701,917 





112 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Belmont 

453 


Blandford 
Blenheim 

731 


Blenheim 
1,735 


Bloomfield 

347 


Blyth 
429 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
506,014 
181,632 


$ 
512,187 
226,444 


$ 

1,484,743 
785,618 


$ 

241,981 
129,540 


$ 

348,204 
171,265 


Less: Accumulated Depreciation 




324,382 

107,849 

8,883 

51,400 

958 

2,226 


285,743 

153,842 

214,215 
29,369 

1,236 


699,125 

80,391 
140,000 

59,893 
329,000 

28,404 
4,388 


112,441 

56,437 
3,000 
5,240 

45,488 
8,743 
1,412 


176,939 

110,682 

13,284 

59,795 

9,268 

1,723 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


171,316 
264,662 


398,662 
574,164 


642,076 
6,101 

1,147,621 


120,320 
245,2% 


194,752 
377,343 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


760,360 


1,258,569 


2,494,923 


478,057 


749,034 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


— 


— 


Total 

LIABILITIES 


61,146 
3,145 


208,046 
250 


289,159 
97,038 


42,322 
2,600 


97,436 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


64,291 

54,106 
6,466 


208,296 

5,322 
1,329 


386,197 

45,358 
3,265 


44,922 

6,559 
1,245 


97,436 

42,631 
8,792 




RESERVES 

UTILITY EQUITY 


47,640 

383,767 
264,662 


3,993 

472,116 
574,164 


42,093 

919,012 
1,147,621 


5,314 

182,525 
245,2% 


33,839 

240,416 
377,343 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


760,360 


1,258,569 


2,494,923 


478,057 


749,034 



Statements B and C 



113 



Statements for the Year Ended December 31, 1988 



Municipality 


Belmont 
453 


Blandford 

Blenheim 

731 


Blenheim 

1,735 


Bloomheld 

347 


Blyth 
429 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
362,130 
21,637 


$ 
418,636 
53,480 


$ 
879,222 
39,790 


$ 
169,337 
13,188 


$ 
220,166 
20,250 


UTILITY EQUITY, END OF YEAR 


383,767 


472,116 


919,012 


182,525 


240,416 




C. STATEMENT OF OPERATIONS 
REVENUE 


473,371 
12,878 


937,781 
20,229 


2,424,725 
46,115 


436,366 
4,438 


628,130 
13,491 


Other Operating Revenue 


TOTAL REVENUE 


486,249 


958,010 


2,470,840 


440,804 


641,621 




EXPENSE 


417,148 

8,607 
9,795 
11,798 
17,264 


817,918 

22,500 

34,022 

9,354 

20,533 

203 


2,166,794 

90,058 
31,576 
80,776 
60,933 
913 


386,942 

6,304 
14,510 
10,016 

9,844 


574,226 

11,213 
14,079 
9,823 
12,030 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


464,612 


904,530 


2,431,050 


427,616 


621,371 




Income Before Extraordinary/ 


21,637 


53,480 


39,790 


13,188 


20,250 






NET INCOME 


21,637 


53,480 


39,790 


13,188 


20,250 





114 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Bobcaygeon 
1,332 


Bothwell 

417 


Bracebridge 
1,953 


Bradford 
3,821 


Brampton 
58,400 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,307,776 

516,372 


$ 
340,583 
193,936 


$ 
3,989,134 
1,406,349 


$ 

5,047,573 
1,171,654 


$ 

116,799,063 
32,650,095 


Less: Accumulated Depreciation 




791,404 

131,947 

9,800 

294,000 

21,204 

2,740 


146,647 

71,451 

3,995 

52,300 

1,089 

1,426 


2,582,785 

53,267 

31,142 

418,408 

61,606 

10,076 


3,875,919 

321,580 

160,288 

424,544 

251,822 

4,398 


84,148,968 

2,691,511 
4,979,035 
12,517,878 
3,261,199 
3,219,463 
40,311 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 




459,691 

1,160 

591,591 


130,261 
271,397 


574,499 
707,842 


1,162,632 

8,664 

1,326,276 


26,709,397 

160,805 

40,399,728 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,843,846 


548,305 


3,865,126 


6,373,491 


151,418,898 




DEBT FROM BORROWINGS 
Debentures and Other Long 


92,208 


- 


143,984 


250,000 


20,953,025 
1,902,350 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


92,208 
17,208 


— 


143,984 
47,995 


250,000 
35,000 


19,050,675 
1,705,842 


Total 

LIABILITIES 
Current Liabilities 


75,000 

212,548 
13,272 


42,383 
1,250 


95,989 
264,347 


215,000 

470,382 
30,171 


17,344,833 

14,952,489 
666,259 




Total 

DEFERRED CREDIT 
Contributed Capital 


225,820 

120,786 
5,074 


43,633 

7,509 
1,429 


264,347 

187,059 
22,013 


500,553 

1,979,175 
94,898 


15,618,748 

32,871,345 
4,069,352 




RESERVES 

UTILITY EQUITY 


115,712 

835,723 
591,591 


6,080 

227,195 
271,397 


165,046 

2,631,902 
707,842 


1,884,277 

2,447,385 
1,326,276 


28,801,993 

49,253,5% 
40,399,728 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,843,846 


548,305 


3,865,126 


6,373,491 


151,418,898 



Statements B and C 



115 



Statements for the Year Ended December 31, 1988 



Municipality 


Bobcaygeon 
1,332 


Bothwell 

417 


Bracebridge 
1,953 


Bradford 
3,821 


Brampton 
58,400 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
704,728 
130,995 


$ 
229,800 
(2,605) 


$ 
2,449,198 
182,704 


$ 
2,294,327 
153,058 


$ 

43,947,646 

5,305,950 


UTILITY EQUITY, END OF YEAR 


835,723 


227,195 


2,631,902 


2,447,385 


49,253,5% 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


1,652,026 
40,623 


452,760 
12,625 


2,274,557 
46,718 


3,521,981 
84,191 


109,667,441 
1,582,575 


TOTAL REVENUE 


1,692,649 


465,385 


2,321,275 


3,606,172 


111,250,016 




EXPENSE 


1,322,331 

33,490 
59,812 
88,046 
44,535 
13,440 


391,498 

17,383 
21,099 
25,567 
12,443 


1,434,502 
314,142 
106,940 
72,274 
87,495 
116,784 
6,434 


2,855,507 

206,794 
149,728 

90,697 
106,978 

43,410 


93,361,856 

3,817,622 
2,027,850 
1,655,805 
2,813,716 
2,267,217 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,561,654 


467,990 


2,138,571 


3,453,114 


105,944,066 




Income Before Extraordinary/ 
Unusual Items 


130,995 


(2,605) 


182,704 


153,058 


5,305,950 




NET INCOME 


130,995 


(2,605) 


182,704 


153,058 


5,305,950 





116 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Brantford 
28,851 


Brantford 
Twp. 
2,680 


Brechin 
126 


Brighton 
1,779 


Brock 
2,159 




A. BALANCE SHEET 

FIXED ASSETS 


$ 

31,390,885 
12,712,868 


$ 
4,642,132 
2,322,372 


$ 

77,043 
35,884 


$ 

1,702,809 
616,881 


$ 

1,595,292 
621,042 


Less: Accumulated Depreciation 




18,678,017 

1,601,444 
4,985,520 
1,684,654 
3,869,000 
1,749,753 
102,288 


2,319,760 
367,958 

94,995 
713,665 
202,251 

11,983 


41,159 

18,158 

10,437 

21,333 

2,807 

10 


1,085,928 

166,471 

48,330 

267,117 

85,091 

4,687 


974,250 

72,697 

177,671 

354,485 

63,530 

5,554 


CURRENT ASSETS 


Investments 




Inventory 

Other 




13,992,659 

204,610 

24,006,818 


1,390,852 

87,966 

3,666,494 


52,745 

1,600 

93,130 


571,6% 
4,102 

922,757 


673,937 
1,358,637 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


56,882,104 


7,465,072 


188,634 


2,584,483 


3,006,824 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


204,610 


82,5% 


- 


24,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


204,610 
27,895 


82,596 
14,079 


— 


24,000 
5,000 


— 


Total 

LIABILITIES 


176,715 

7,512,253 
514,566 


68,517 

542,569 
60,941 


30,095 
270 


19,000 

1%,565 
28,680 


253,022 
17,575 






Total 

DEFERRED CREDIT 
Contributed Capital 


8,026,819 

1,397,323 
176,210 


603,510 

157,207 
24,073 


30,365 

9,020 
761 


225,245 

49,753 
7,001 


270,597 

19,999 
1,735 


Less Amortization 


RESERVES 

UTILITY EQUITY 


1,221,113 

23,450,639 
24,006,818 


133,134 

2,993,417 
3,666,494 


8,259 

56,880 
93,130 


42,752 

1,374,729 
922,757 


18,264 

1,359,326 
1,358,637 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


56,882,104 


7,465,072 


188,634 


2,584,483 


3,006,824 



Statements B and C 



117 



Statements for the Year Ended December 31, 1988 



Municipality 


Brantford 

28,851 


Brantford 
Twp. 
2,680 


Brechin 

126 


Brighton 
1,779 


Brock 
2,159 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
20,986,880 
2,463,759 


$ 
2,900,073 
93,344 


$ 

54,729 
2,151 


$ 
1,181,557 
193,172 


$ 
1,191,906 
167,420 


UTILITY EQUITY, END OF YEAR 


23,450,639 


2,993,417 


56,880 


1,374,729 


1,359,326 




C. STATEMENT OF OPERATIONS 
REVENUE 

Service Revenue 

Other Operating Revenue 


39,674,140 
1,069,334 


6,120,500 
109,540 


163,743 
1,836 


2,046,062 
40,888 


2,644,806 
55,985 


TOTAL REVENUE 


40,743,474 


6,230,040 


165,579 


2,086,950 


2,700,791 




EXPENSE 


34,460,819 

1,188,779 
742,105 
637,443 

1,217,612 
32,957 


5,289,814 

386,216 
110,917 
159,633 
182,158 
7,958 


148,288 

4,847 
4,409 
2,434 
2,785 
665 


1,627,580 

87,747 
56,850 
60,441 
58,602 
2,558 


2,198,301 

109,949 
81,757 
89,051 
54,197 
116 






Billing and Collecting 

Administration , 


Financial Expense 


TOTAL EXPENSE 


38,279,715 


6,136,696 


163,428 


1,893,778 


2,533,371 




Income Before Extraordinary/ 


2,463,759 


93,344 


2,151 


193,172 


167,420 






NET INCOME 


2,463,759 


93,344 


2,151 


193,172 


167,420 





118 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Brockville 
8,576 


Brussels 
466 


Burford 

471 


Burk's Falls 

475 


Burlington 
40,552 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
10,697,223 
3,744,468 


$ 
299,924 
132,974 


$ 
417,175 
159,671 


$ 
522,493 
210,295 


$ 
64,989,170 
20,821,336 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


6,952,755 

942,833 

200,270 

2,771,116 

574,437 

15,520 


166,950 

69,710 

9,850 

57,200 

1,990 

324 


257,504 

32,274 

11,808 

68,839 

12,171 

588 


312,198 

21,960 

30,000 

3,094 

129,998 

8,166 

1,985 


44,167,834 

3,376,874 
1,500,000 
4,630,036 
5,296,338 
3,011,500 
200,736 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


4,504,176 

36,356 

8,276,347 


139,074 
326,445 


125,680 
310,421 


195,203 

2,050 

350,042 


18,015,484 

1,534,206 

26,398,340 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


19,769,634 


632,469 


693,605 


859,493 


90,115,864 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


414,000 


- 


- 


- 


3,694,763 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


414,000 
106,000 


— 


— 


— 


3,694,763 
379,289 


Total 

LIABILITIES 


308,000 
1,818,023 


60,302 
1,585 


54,829 
11,891 


78,625 
500 


3,315,474 

7,643,636 
1,374,757 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


1,818,023 

214,324 
26,420 


61,887 

40,208 
6,804 


66,720 

5,123 
1,469 


79,125 

76,046 
18,362 


9,018,393 

8,153,307 
1,013,833 




RESERVES 

UTILITY EQUITY 


187,904 

9,179,360 
8,276,347 


33,404 

210,733 
326,445 


3,654 

312,810 
310,421 


57,684 

372,642 
350,042 


7,139,474 

44,244,183 
26,398,340 


EQUITY IN ONTARIO HYDRO.... 




TOTAL DEBT. LIABILITIES & EQUITY . 


19,769,634 


632,469 


693,605 


859,493 


90,115,864 



Statements B and C 



119 



Statements for the Year Ended December 31, 1988 





Brockville 
8,576 


Brussels 
466 


Burford 

471 


Burk's Falls 

475 


Burlington 
40,552 






B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
8,452,442 
726,918 


$ 
178,490 
32,243 


$ 
282,318 
30,492 


$ 
354,519 
18,123 


$ 
43,394,054 
979,960 

(129,831) 


UTILITY EQUITY, END OF YEAR 


9,179,360 


210,733 


312,810 


372,642 


44,244,183 




C. STATEMENT OF OPERATIONS 
REVENUE 


15,208,407 
232,502 


548,440 
11,884 


533,472 
22,627 


674,729 
7,992 


61,463,885 
2,159,396 


Other Operating Revenue 


TOTAL REVENUE 


15,440,909 


560,324 


556,099 


682,721 


63,623,281 




EXPENSE 


12,912,187 

688,767 
288,294 
371,157 
377,238 
76,348 


463,288 

19,226 

13,691 

21,963 

9,913 


430,407 

34,738 
13,434 
30,974 
16,054 


595,170 

13,195 
22,703 
16,438 
17,076 
16 


54,369,709 

3,427,821 
1,400,607 
1,056,070 
2,082,953 
306,161 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


14,713,991 


528,081 


525,607 


664,598 


62,643,321 




Income Before Extraordinary/ 
Unusual Items 


726,918 


32,243 


30,492 


18,123 


979,960 




NET INCOME 


726,918 


32,243 


30,492 


18,123 


979,960 





120 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Cache Bay 

270 


Caledon 
2,430 


Cambridge N. 

Dumfries 

31,005 


Campbellford 
1,720 


Capreol 
1,428 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
245,238 
131,044 


$ 
4,320,478 
1,349,980 


$ 
46,333,083 
17,450,410 


$ 

2,888,276 
1,040,061 


S 

1,470,924 
610,911 


Less: Accumulated Depreciation 




114,194 

51,333 

19,116 
36,303 

940 


2,970,498 

280,957 

60,196 

459,240 

92,150 

8,039 


28,882,673 

495,830 
4,750,000 
3,854,314 
4,583,549 
2,015,662 
42,052 


1,848,215 

115,699 

77,906 

306,765 

49,250 

2,263 


860,013 

288,401 

22,107 

254,549 

89,886 


CURRENT ASSETS 


Investments 

Accounts Receivable 


Inventory 

Other 


Total Current Assets 


107,692 
155,679 


900,582 

20,651 

1,556,734 


15,741,407 

268,832 

26,853,338 


551,883 

59,400 

763,466 


654,943 

8,000 

827,921 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


377,565 


5,448,465 


71,746,250 


3,222,964 


2^50,877 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


156,000 


2,757,422 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


156,000 
35,000 


2,757,422 
287,749 


— 


— 


Total 

LIABILITIES 


31,744 
3,912 


121,000 

380,664 
83,906 


2,469,673 

6,078,512 
2,113,940 


512,214 
8,600 


170,864 
47,526 






Total 

DEFERRED CREDIT 
Contributed Capital 


35,656 

1,090 
188 


464,570 

365,844 
39,317 


8,192,452 

6,074,519 

754,827 


520,814 

162,435 
68,181 


218,390 

11,533 
3,400 






RESERVES 

UTILITY EQUITY 


902 

185,328 
155,679 


326,527 

2,979,634 
1,556,734 


5,319,692 

28,911,095 
26,853,338 


94,254 

56,400 

1,788,030 

763,466 


8,133 

1,296,433 
827,921 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


377,565 


5,448,465 


71,746,250 


3,222,964 


2^50,877 



Statements B and C 



121 



Statements for the Year Ended December 31, 1988 



Municipality 


Cache Bay 
270 


Caledon 
2,430 


Cambridge N. 

Dumfries 

31,005 


Campbellford 
1,720 


Capreol 
1,428 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

169,861 
15,467 


$ 
2,863,647 
115,987 


$ 

25,626,251 

3,284,844 


$ 
1,615,834 
172,196 


$ 
1,216,1% 
80,237 


UTILITY EQUITY, END OF YEAR 


185,328 


2,979,634 


28,911,095 


1,788,030 


1,2% ,433 




C. STATEMENT OF OPERATIONS 

REVENUE 


296,301 
7,035 


3,884,985 
67,496 


50,312,837 
1,427,622 


2,066,354 
135,419 


1,506,225 
36,266 


Other Operating Revenue 


TOTAL REVENUE 


303,336 


3,952,481 


51,740,459 


2,201,773 


1,542,491 




EXPENSE 


265,837 

1,997 
4,981 
5,022 
10,032 


3,279,677 

218,556 
75,823 
106,305 
140,427 
15,706 


42,989,294 

1,730,434 

837,702 

1,159,065 

1,427,851 

311,269 


1,550,128 
51,569 
158,695 
66,811 
114,664 
72,394 
15,316 


1,219,539 

80,345 
48,406 
60,130 
52,653 
1,181 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


287,869 


3,836,494 


48,455,615 


2,029,577 


1,462,254 




Income Before Extraordinary/ 


15,467 


115,987 


3,284,844 


172,196 


80,237 






NET INCOME 


15,467 


115,987 


3,284,844 


172,1% 


80,237 





122 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Cardinal 

732 


Carleton Place 
3,051 


Casselman 
895 


Chalk River 
373 


Chapleau Twp. 
1,366 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
497,415 
244,924 


$ 
2,978,167 
1,000,479 


$ 
923,193 
299,944 


$ 

383,743 
171,842 


$ 
1,320,969 
457,309 


Less: Accumulated Depreciation 




252,491 

118,011 

40,757 

81,915 

1,582 

1,659 


1,977,688 

508,287 
15,000 
109,198 
523,000 
104,238 
4,801 


623,249 

147,017 

19,074 

189,720 

9,159 


211,901 

42,859 
62,696 
33,148 
53,940 
5,078 
1,286 


863,660 

192,421 
156,352 

37,617 
284,947 

50,932 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


243,924 
357,219 


1,264,524 

4,000 

1,902,631 


364,970 

6,261 

524,904 


199,007 
211,652 


722,269 

1,575 

786,503 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


853,634 


5,148,843 


1,519,384 


622,560 


2,374,007 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


- 


- 


41,540 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


— 


41,540 
16,607 


Total 

LIABILITIES 


53,090 
4,288 


282,177 
11,293 


142,511 
8,606 


77,961 
1,890 


24,933 

208,879 
69,514 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


57,378 

15,749 
3,224 


293,470 

301,103 
38,845 


151,117 

206,548 
24,686 


79,851 

37,670 
7,073 


278,393 

38,155 
6,849 




RESERVES 

UTILITY EQUITY 


12,525 

426,512 
357,219 


262,258 

2,690,484 
1,902,631 


181,862 

661,501 
524,904 


30,597 

300,460 
211,652 


31,306 

1,252,872 
786,503 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


853,634 


5,148,843 


1,519,384 


622,560 


2^74,007 



Statements B and C 



123 



Statements for the Year Ended December 31, 1988 



Municipality 


Cardinal 

732 


Carleton Place 
3,051 


Casselman 
895 


Chalk River 
373 


Chapleau Twp. 
1,366 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
362,735 
63,777 


$ 
2,466,118 
224,366 


$ 
560,265 
101,236 


$ 
278,643 
21,817 


$ 
1,125,573 
127,299 


UTILITY EQUITY, END OF YEAR 


426,512 


2,690,484 


661,501 


300,460 


1,252,872 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


623,739 
12,221 


3,308,004 
75,066 


1,315,043 
17,910 


388,762 
13,012 


1,953,340 
41,656 


TOTAL REVENUE 


635,960 


3,383,070 


1,332,953 


401,774 


1,994,996 




EXPENSE 


529,456 

10,687 
5,899 
9,531 

19,283 
1,064 


2,660,314 

178,684 
119,834 
101,604 
97,454 
814 


1,127,970 

7,341 

29,752 

35,560 

29,271 

50 


338,426 

3,543 
14,741 

8,678 
14,569 


1,569,570 

61,693 

77,536 

103,389 

46,847 

8,662 






Billing and Collecting 

Administration 






TOTAL EXPENSE 


575,920 


3,158,704 


1,229,944 


379,957 


1,867,697 




Income Before Extraordinary/ 


60,040 
(3,737) 


224,366 


103,009 

1,773 


21,817 


127,299 






NET INCOME 


63,777 


224,366 


101,236 


21,817 


127,299 





124 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Chatham 

15,744 


Chatsworth 
207 


Chesley 
894 


Chesterville 
699 


Clifford 
329 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
21,188,195 
6,053,288 


$ 

129,447 
62,772 


$ 
904,097 
387,790 


$ 

725,489 
300,427 


$ 

254,305 
110,945 


Less: Accumulated Depreciation 




15,134,907 

89,047 

1,268,525 

1,861,762 

936,067 

25,511 


66,675 

38,686 

5,604 

32,268 

553 

577 


516,307 

142,415 

34,177 

160,587 

64,454 

3,195 


425,062 

288,895 

34,529 

181,949 

12,020 

1,803 


143,360 

50 

11,712 

37,000 

9,507 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


4,180,912 

142,399 

12,616,470 


77,688 
140,219 


404,828 
694,081 


519,1% 
754,276 


58,269 
200,861 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


32,074,688 


284,582 


1,615,216 


1,698,534 


402,490 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


1,445,295 


- 


- 


23,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


1,445,295 
186,943 


— 


— 


23,000 
11,000 


— 


Total 

LIABILITIES 
Current Liabilities 


1,258,352 
2,651,493 


40,668 
2,251 


135,669 
5,440 


12,000 

158,069 
7,138 


7,153 




Total 

DEFERRED CREDIT 
Contributed Capital 


2,651,493 

708,111 
65,980 


42,919 

10,016 
1,707 


141,109 

98,805 
10,543 


165,207 

61,231 
11,763 


7,153 

7,528 
1,257 


Less Amortization 


RESERVES 

UTILITY EQUITY 


642,131 

14,906,242 
12,616,470 


8,309 

93,135 
140,219 


88,262 

691,764 
694,081 


49,468 

717,583 
754,276 


6,271 

188,205 
200,861 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


32,074,688 


284,582 


1,615,216 


1,698,534 


402,490 



Statements B and C 



125 



Statements for the Year Ended December 31, 1988 



Municipality 


Chatham 
15,744 


Chatsworth 
207 


Chesley 

894 


Chesterville 
699 


Clifford 
329 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
14,104,295 
801,947 


$ 

80,859 

12,276 


$ 
653,714 
38,050 


$ 
617,043 
100,540 


$ 

188,562 
(357) 


UTILITY EQUITY, END OF YEAR 


14,906,242 


93,135 


691,764 


717,583 


188,205 




C. STATEMENT OF OPERATIONS 

REVENUE 


22,710,984 
217,944 


235,238 
1,841 


1,020,375 
20,459 


1,321,751 
27,113 


347,021 
5,082 


Other Operating Revenue 


TOTAL REVENUE 


22,928,928 


237,079 


1,040,834 


1,348,864 


352,103 




EXPENSE 


19,179,522 

1,256,672 
480,934 
429,939 
664,747 
180,401 


206,099 

2,437 
4,676 
6,574 
4,803 
214 


879,904 

48,659 
26,940 
17,049 
30,232 


1,157,411 

27,356 
17,280 
18,366 
24,929 
2,982 


309,922 

7,605 
12,774 
12,113 
10,046 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


22,192,215 


224,803 


1,002,784 


1,248,324 


352,460 




Income Before Extraordinary/ 


736,713 
(65,234) 


12,276 


38,050 


100,540 


(357) 






NET INCOME 


801,947 


12,276 


38,050 


100,540 


(357) 





126 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Clinton 
1,485 


Cobden 

534 


Cobourg 
5,646 


Cochrane 
2,211 


Colbome 

878 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
1,629,238 
690,108 


$ 
345,734 
140,828 


$ 

5,926,228 
2,786,711 


$ 

2,303,785 
969,546 


$ 

961,035 
315,772 


Less: Accumulated Depreciation 




939,130 

11,751 

18,384 

252,900 

22,873 

2,934 


204,906 

67,607 

15,824 

62,037 

1,900 

361 


3,139,517 

329,833 
1,125,233 
953,247 
607,000 
146,495 
22,987 


1,334,239 

100,000 

622,270 

350,585 

84,632 


645,263 

109,703 

13,890 

152,197 

24,855 

2,200 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


308,842 
1,015,016 


147,729 
291,082 


3,184,795 
5,433,414 


1,157,487 
1,504,633 


302,845 
531,437 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,262,988 


643,717 


11,757,726 


3,996,359 


1,479,545 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


- 


322,000 


58,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


322,000 
27,000 


58,000 
6,000 


Total 

LIABILITIES 


192,050 
53,436 


66,7% 
4,397 


1,438,734 
13,770 


295,000 

499,834 
33,820 


52,000 

106,565 
11,381 






Total 

DEFERRED CREDIT 
Contributed Capital 


245,486 

37,640 
3,795 


71,193 

24,948 
3,478 


1,452,504 

99,753 
12,056 


533,654 

52,288 
8,092 


117,946 

41,787 
10,250 






RESERVES 

UTILITY EQUITY 


33,845 

968,641 
1,015,016 


21,470 

259,972 
291,082 


87,697 

4,784,111 
5,433,414 


44,196 

1,618,876 
1,504,633 


31,537 

746,625 
531,437 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


2,262,988 


643,717 


11,757,726 


3,996,359 


1,479,545 



Statements B and C 



111 



Statements for the Year Ended December 31, 1988 



Municipality 


Clinton 
1,485 


Cobden 

534 


Cobourg 
5,646 


Cochrane 
2,211 


Colborne 
878 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
906,935 
61,706 


$ 
261,925 
(1,953) 


$ 
4,788,323 
(4,212) 


$ 
1,461,723 
157,153 


$ 
626,219 
151,813 

(1,650) 
(29,757) 


UTILITY EQUITY, END OF YEAR 


968,641 


259,972 


4,784,111 


1,618,876 


746,625 




C. STATEMENT OF OPERATIONS 
REVENUE 


1,573,026 
32,377 


506,032 
8,504 


8,977,147 
295,805 


3,046,170 
58,545 


1,020,808 
25,479 


Other Operating Revenue 


TOTAL REVENUE 


1,605,403 


514,536 


9,272,952 


3,104,715 


1,046,287 




EXPENSE 


1,280,359 

84,774 
23,080 
97,302 
56,964 
1,218 


457,985 

9,078 
16,440 
20,628 
12,358 


8,397,792 

243,926 
243,380 
132,313 
259,753 


2,477,670 

210,195 
56,956 
89,357 
76,821 
36,563 


843,306 

57,389 
23,207 
41,913 
30,502 
6,104 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,543,697 


516,489 


9,277,164 


2,947,562 


1,002,421 




Income Before Extraordinary/ 


61,706 


(1,953) 


(4,212) 


157,153 


43,866 
(107,947) 






NET INCOME 


61,706 


(1,953) 


(4,212) 


157,153 


151,813 





128 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Coldwater 

552 


Collingwood 
6,562 


Comber 

289 


Cookstown 

452 


Cottam 

410 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
538,960 
201,052 


$ 
6,118,443 
2,330,898 


$ 
289,875 
150,387 


$ 
386,800 
126,414 


$ 

279,844 
81,261 


Less: Accumulated Depreciation 




337,908 

6,437 

17,260 

141,122 

8,212 

1,991 


3,787,545 

910,496 

707,217 

816,421 

527,193 

3,600 


139,488 

22,605 

31,317 

3,138 

41,100 

3,000 

2,051 


260,386 

66,485 

15,700 
85,109 
18,864 


198,583 

23,121 

13,169 

2,218 

85,259 

364 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


175,022 
386,344 


2,964,927 

11,046 

5,442,972 


103,211 
210,471 


186,158 
240,349 


124,131 
169,747 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


899,274 


12,206,490 


453,170 


686,893 


492,461 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


116,500 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


116,500 
25,500 


— 


— 


— 


— 


Total 

LIABILITIES 
Current Liabilities 


91,000 

123,434 
4,360 


1,395,762 
208,498 


36,368 
760 


93,976 
1,755 


64,443 
6,564 




Total 

DEFERRED CREDIT 
Contributed Capital 


127,794 

49,712 
5,654 


1,604,260 

351,479 
50,771 


37,128 

58,667 
10,452 


95,731 

60,631 
4,019 


71,007 

3,337 
392 






RESERVES 

UTILITY EQUITY 


44,058 

250,078 
386,344 


300,708 

4,858,550 
5,442,972 


48,215 

157,356 
210,471 


56,612 

294,201 
240,349 


2,945 

248,762 
169,747 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


899,274 


12,206,490 


453,170 


686,893 


492,461 



Statements B and C 



129 



Statements for the Year Ended December 31, 1988 





Coldwater 

552 


Collingwood 
6,562 


Comber 
289 


Cookstown 

452 


Cottam 
410 






B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
212,682 
37,396 


$ 
4,515,037 
343,513 


$ 
156,021 
1,335 


$ 
268,389 
26,554 

(742) 


$ 
228,228 
19,854 

680 


UTILITY EQUITY, END OF YEAR 


250,078 


4,858,550 


157,356 


294,201 


248,762 




C. STATEMENT OF OPERATIONS 

REVENUE 


696,800 
11,804 


11,197,410 
182,104 


350,354 
5,631 


481,413 
13,657 


372,681 
5,725 


Other Operating Revenue 


TOTAL REVENUE 


708,604 


11,379,514 


355,985 


495,070 


378,406 




EXPENSE 


591,011 

9,962 
12,429 
76,224 
19,479 
12,103 


10,246,273 

316,370 
113,780 
103,150 
245,732 
10,6% 


309,172 

11,917 
8,546 

15,809 
9,206 


409,734 

13,121 
11,077 
21,550 
13,009 

25 


314,478 

7,361 
16,421 
11,138 

9,122 
32 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


671,208 


11,036,001 


354,650 


468,516 


358,552 




Income Before Extraordinary/ 
Unusual Items 


37,3% 


343,513 


1,335 


26,554 


19,854 




NET INCOME 


37,3% 


343,513 


1,335 


26,554 


19,854 





130 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Creemore 
576 


Dashwood 
209 


Deep River 
1,805 


Delaware 

257 


Delhi 
1,923 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
418,828 
186,947 


$ 
108,443 
54,977 


$ 
2,823,628 
1,378,984 


$ 

440,181 
88,824 


$ 

1,777,484 
690,440 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


231,881 

76,523 

20,911 

111,831 

10,895 

3,016 


53,466 

24,152 

3,714 
29,700 

923 


1,444,644 

311,652 

13,978 

38,524 

608,281 

100,909 

4,410 


351,357 

708 

4,347 
50,800 


1,087,044 

115,607 

7,359 

271,875 

33,037 

4,025 


Investments 


Unbilled Revenue 

Inventory 

Other 




223,176 

4,059 

326,363 


58,489 
155,312 


1,077,754 

327 

1,612,370 


55,855 
119,599 


431,903 

545 

1,079,326 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


785,479 


267,267 


4,135,095 


526,811 


2^98,818 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


114,000 


- 


147,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


114,000 
28,000 


— 


147,000 
33,000 


Total 

LIABILITIES 


100,401 
4,670 


17,187 


86,000 

453,799 
3,513 


133,590 
1,150 


114,000 

228,204 
49,363 






Total 

DEFERRED CREDIT 
Contributed Capital 


105,071 

28,679 
4,319 


17,187 

652 
100 


457,312 

73,303 
13,193 


134,740 

159,467 
10,515 


277,567 

1,540 
401 






RESERVES 

UTILITY EQUITY 


24,360 

329,685 
326,363 


552 

94,216 
155,312 


60,110 

1,919,303 
1,612,370 


148,952 

123,520 
119,599 


1,139 

1,126,786 
1,079,326 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


785,479 


267,267 


4,135,095 


526,811 


2,598,818 






Statements B and C 



Statements for the Year Ended December 31, 1988 



131 



Municipality 


Creemore 
576 


Dashwood 
209 


Deep River 
1,805 


Delaware 

257 


Delhi 
1,923 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
277,382 
52,303 


$ 

84,670 
9,546 


$ 
1,816,700 
102,603 


$ 

117,155 
6,365 


$ 
1,004,053 
122,733 


UTILITY EQUITY, END OF YEAR 


329,685 


94,216 


1,919,303 


123,520 


1,126,786 




C. STATEMENT OF OPERATIONS 

REVENUE 


701,233 
9,576 


199,917 
2,117 


2,986,639 
98,453 


241,949 
3,816 


1,906,613 
97,702 


Other Operating Revenue 


TOTAL REVENUE 


710,809 


202,034 


3,085,092 


245,765 


2,004,315 




EXPENSE 


610,654 

9,770 
22,995 
11,560 
14,844 

1,623 


174,012 

1,481 
8,377 
4,400 
4,181 
37 


2,570,049 

97,375 
85,883 
95,265 
112,482 
21,435 


208,077 

4,316 
5,263 
8,998 
11,210 
1,536 


1,456,934 

122,309 
120,158 
97,952 
63,708 
20,521 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


671,446 


192,488 


2,982,489 


239,400 


1,881,582 




Income Before Extraordinary/ 


39,363 
(12,940) 


9,546 


102,603 


6,365 


122,733 






NET INCOME 


52,303 


9,546 


102,603 


6,365 


122,733 





132 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Deseronto 

731 


Drayton 
351 


Dresden 

1,122 


Dryden 
2,908 


Dublin 

132 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
662,661 
306,334 


$ 
344,409 
142,700 


$ 
1,050,623 
450,108 


$ 

4,041,038 
1,561,419 


$ 

110,966 
70,644 


Less: Accumulated Depreciation 




356,327 

22,507 

19,007 
147,020 
37,118 


201,709 

33,121 

30,000 

7,991 

69,000 

3,584 

1,762 


600,515 

179,754 
50,000 
46,500 

168,000 

20,642 

1,067 


2,479,619 

454,008 

133,803 

519,903 

152,651 

5,536 


40,322 

29,527 

1,232 
17,950 

899 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


225,652 
561,648 


145,458 
258,053 


465,963 
957,309 


1,265,901 

63,854 

1,647,324 


49,608 
122,574 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,143,627 


605,220 


2,023,787 


5,456,698 


212,504 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


- 


- 


46,082 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


46,082 
10,235 


— 


Total 

LIABILITIES 


96,567 
8,605 


58,585 
1,150 


139,634 
5,756 


35,847 

544,668 
55,313 


14,493 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


105,172 

39,665 
8,284 


59,735 

35,074 
7,296 


145,390 

65,944 
10,435 


599,981 

374,293 
51,916 


14,493 

930 
180 




RESERVES 

UTILITY EQUITY 


31,381 

445,426 
561,648 


27,778 

259,654 
258,053 


55,509 

865,579 
957,309 


322,377 

2,851,169 
1,647,324 


750 

74,687 
122,574 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,143,627 


605,220 


2,023,787 


5,456,698 


212,504 



Statements B and C 



133 



Statements for the Year Ended December 31, 1988 



Municipality 


Deseronto 
731 


Drayton 

351 


Dresden 

1,122 


Dryden 

2,908 


Dublin 
132 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

lanpVstreet lighting plant received in year 
Adjustments 


$ 
388,326 
57,100 


$ 
255,667 
3,987 


$ 
823,867 
41,712 


$ 
2,536,961 
314,208 


$ 

71,084 
3,603 


UTILITY EQUITY, END OF YEAR 


445,426 


259,654 


865,579 


2,851,169 


74,687 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


905,815 
39,795 


433,792 
8,209 


1,764,667 
42,062 


3,604,690 
59,566 


174,312 
2,899 


TOTAL REVENUE 


945,610 


442,001 


1,806,729 


3,664,256 


177,211 




EXPENSE 


733,443 

45,057 
41,590 
59,873 
27,630 
3,039 


391,004 

18,314 
8,122 
8,154 

12,347 
73 


1,477,238 

56,149 
43,178 
84,770 
30,011 


2,862,986 

192,925 
73,792 
74,473 

141,427 
4,445 


154,544 

3,590 
5,482 
5,409 
4,583 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


910,632 


438,014 


1,691,346 


3,350,048 


173,608 




Income Before Extraordinary/ 


34,978 
(22,122) 


3,987 


115,383 
73,671 


314,208 


3,603 






NET INCOME 


57,100 


3,987 


41,712 


314,208 


3,603 





134 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Dundalk 
680 


Dundas 

7,247 


Dunnville 
2,248 


Durham 
1,102 


Dutton 

474 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
554,037 
201,558 


$ 
9,311,101 
3,841,902 


$ 
3,243,557 
1,020,180 


$ 

1,238,801 
524,198 


$ 

439,728 
208,886 


Less: Accumulated Depreciation 




352,479 

61,822 
35,000 
35,882 
167,574 
19,938 
4,972 


5,469,199 

481,912 

279,572 

853,000 

250,122 

12,879 


2,223,377 

2,859 

247,385 

244,674 

224,561 

4,203 


714,603 

78,105 

26,036 

139,444 

11,510 

2,892 


230,842 

46,350 

11,765 

38,700 

20,300 

1,337 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


325,188 

207 

483,519 


1,877,485 
4,475,233 


723,682 

14,250 

1,647,452 


257,987 
745,960 


118,452 

3,903 

244,581 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,161,393 


11,821,917 


4,608,761 


1,718,550 


597,778 




DEBT FROM BORROWINGS 
Debentures and Other Long 


- 


220,000 


153,000 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


220,000 
38,000 


153,000 
28,000 


— 


— 


Total 

LIABILITIES 


161,026 
4,026 


182,000 

828,129 
187,972 


125,000 

224,910 
43,322 


101,993 
18,818 


53,079 
3,903 






Total 

DEFERRED CREDIT 
Contributed Capital 


165,052 

5,538 
365 


1,016,101 

1,022,078 
129,332 


268,232 

227,377 
20,683 


120,811 

26,714 
7,945 


56,982 

26,715 
6,142 






RESERVES 

UTILITY EQUITY 


5,173 

507,649 
483,519 


892,746 

5,255,837 
4,475,233 


206,694 

2,361,383 
1,647,452 


18,769 

833,010 
745,960 


20,573 

275,642 
244,581 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABDLITIES & EQUITY . 


1,161,393 


11,821,917 


4,608,761 


1,718,550 


597,778 



Statements B and C 



135 



Statements for the Year Ended December 31, 1988 



Municipality 


Dundalk 
680 


Dundas 

7,247 


Dunnville 
2,248 


Durham 

1,102 


Dutton 

474 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
422,957 
84,692 


$ 
5,183,631 
139,471 

(67,265) 


$ 
2,239,252 
122,131 


$ 
794,690 
38,320 


$ 
265,911 
9,731 


UTILITY EQUITY, END OF YEAR 


507,649 


5,255,837 


2,361,383 


833,010 


275,642 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


1,016,949 
22,100 


7,682,330 
199,587 


2,423,688 
81,222 


1,209,386 
26,292 


394,545 
8,810 


TOTAL REVENUE 


1,039,049 


7,881,917 


2,504,910 


1,235,678 


403,355 




EXPENSE 


861,853 

15,232 
40,460 
11,950 
19,106 
5,756 


6,391,781 

392,056 
297,837 
295,667 
339,946 
25,159 


1,996,116 

118,116 
86,752 
66,859 

105,652 
9,284 


958,498 

81,878 
42,413 
35,782 
42,703 
40 


328,527 

21,305 
16,224 
11,843 
15,725 






Billing and Collecting 

Administration 

Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


954,357 


7,742,446 


2,382,779 


1,161,314 


393,624 




Income Before Extraordinary/ 
Unusual Items 


84,692 


139,471 


122,131 


74,364 
36,044 


9,731 




NET INCOME 


84,692 


139,471 


122,131 


38,320 


9,731 





136 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


East York 

24,948 


East Zorra 

Tavistock 

787 


Eganville 
648 


Elmvale 

727 


Elmwood 

177 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
31,498,292 
12,593,314 


$ 
774,657 
343,295 


$ 
808,346 
281,376 


$ 

470,703 
197,695 


$ 

92,368 
46,793 


Less: Accumulated Depreciation 




18,904,978 

168,088 
2,580,000 
3,709,011 
1,571,243 
2,593,752 

259,048 


431,362 

79,305 

22,712 

162,000 

31,546 

3,242 


526,970 

24,061 

34,556 

98,472 

11,714 

1,679 


273,008 

64,683 

47,135 

149,731 

7,420 

5,120 


45,575 

18,915 
7,399 
6,164 

12,588 

2,560 

926 


CURRENT ASSETS 


Investments 




Inventory 

Other 




10,881,142 

646,331 

25,997,105 


298,805 
757,570 


170,482 
46,645 
273,261 


274,089 

10,000 

407,390 


48,552 

1,400 

89,224 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


56,429,556 


1,487,737 


1,017,358 


964,487 


184,751 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


255,756 


- 


155,000 


31,762 


1,503 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


255,756 
56,757 


— 


155,000 
10,350 


31,762 
6,031 


1,503 
1,503 


Total 

LIABILITIES 


198,999 

4,327,630 
507,048 


144,957 
1,500 


144,650 

113,319 
47,327 


25,731 

104,740 
3,975 


12,345 
880 






Total 

DEFERRED CREDIT 
Contributed Capital 


4,834,678 

667,017 
113,990 


146,457 

113,630 
13,099 


160,646 

16,334 
2,248 


108,715 

75,325 
15,104 


13,225 






RESERVES 

UTILITY EQUITY 


553,027 

24,845,747 
25,997,105 


100,531 

483,179 
757,570 


14,086 

424,715 
273,261 


60,221 

362,430 
407,390 


82,302 
89,224 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


56,429,556 


1,487,737 


1,017,358 


964,487 


184,751 



Statements B and C 



137 



Statements for the Year Ended December 31, 1988 



Municipality 


East York 

24,948 


East Zorra 

Tavistock 

787 


Eganville 
648 


Elmvale 
727 


Elmwood 

177 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

24,001,583 

1,960,654 

(33,329) 
(1,083,161) 


$ 
443,124 
40,055 


$ 
391,137 
33,578 


$ 
268,458 
93,972 


$ 

74,092 
8,210 


UTILITY EQUITY, END OF YEAR 


24,845,747 


483,179 


424,715 


362,430 


82,302 




C. STATEMENT OF OPERATIONS 

REVENUE 


42,155,668 
1,174,633 


1,198,287 
21,237 


630,612 
14,480 


987,536 
20,162 


129,826 
2,216 


Other Operating Revenue 


TOTAL REVENUE 


43,330,301 


1,219,524 


645,092 


1,007,698 


132,042 




EXPENSE 


36,215,841 

1,969,048 
1,015,848 

874,906 
1,353,816 

(59,812) 


1,059,144 

35,227 
18,637 
38,724 
27,669 
68 


487,382 
34,981 
24,145 
16,055 
19,865 
23,756 
5,330 


821,752 

10,448 
35,421 
22,461 
18,156 
5,488 


103,282 

2,987 
5,854 
7,654 
3,787 
268 






Billing and Collecting 

Administration 






TOTAL EXPENSE 


41,369,647 


1,179,469 


611,514 


913,726 


123,832 




Income Before Extraordinary/ 
Unusual Items 


1,960,654 


40,055 


33,578 


93,972 


8,210 




NET INCOME 


1,960,654 


40,055 


33,578 


93,972 


8,210 





138 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Elora 
1,226 


Embrun 
1,046 


Erieau 
388 


Erin 
961 


Espanola 
2,232 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,013,312 
362,592 


$ 
1,341,080 
314,398 


$ 

156,653 
34,514 


$ 

1,180,476 
377,523 


$ 

1,767,291 
760,563 


Less: Accumulated Depreciation 




650,720 

46,549 
105,000 
209,614 
68,000 
24,073 
5,634 


1,026,682 

173,839 
45,982 
52,259 

221,682 
16,383 
2,990 


122,139 

18,291 

3,695 
31,000 

1,116 


802,953 

276,963 

44,286 

228,713 

73,585 

2,005 


1,006,728 

97,249 
119,263 
189,124 
259,543 

26,9% 
1,570 


CURRENT ASSETS 


Investments 




Inventory 

Other 




458,870 

14,000 

694,508 


513,135 
529,151 


54,102 
192,816 


625,552 
850,540 


693,745 

5,448 

1,281,381 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,818,098 


2,068,968 


369,057 


2,279,045 


2,987,302 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


191,182 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


191,182 


— 


— 


— 


Total 

LIABILITIES 


190,274 
10,429 


191,182 

215,494 
4,173 


31,196 
2,115 


232,313 
19,615 


261,409 
138,752 






Total 

DEFERRED CREDIT 
Contributed Capital 


200,703 

319,129 
26,537 


219,667 

334,373 
41,126 


33,311 

20,689 
2,446 


251,928 

146,163 
16,040 


400,161 

58,098 
6,294 






RESERVES 

UTILITY EQUITY 


292,592 

630,295 
694,508 


293,247 

835,721 
529,151 


18,243 

124,687 
192,816 


130,123 

1,046,454 
850,540 


51,804 

1,253,956 
1,281,381 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,818,098 


2,068,968 


369,057 


2,279,045 


2,98732 



Statements B and C 



139 



Statements for the Year Ended December 31, 1988 



Municipality 


Elora 
1,226 


Embrun 
1,046 


Erieau 
388 


Erin 
961 


Espanola 
2,232 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
575,232 
55,063 


$ 
671,500 
163,540 

(15,780) 
16,461 


$ 
111,367 
13,320 


$ 
1,009,449 
37,005 


$ 
1,204,429 
49,527 




630,295 


835,721 


124,687 


1,046,454 


1,253,956 




C. STATEMENT OF OPERATIONS 
REVENUE 


1,333,153 
50,440 


1,607,393 
25,070 


302,056 
6,286 


2,354,098 
32,708 


2,730,708 
48,277 


Other Operating Revenue 


TOTAL REVENUE 


1,383,593 


1,632,463 


308,342 


2,386,806 


2,778,985 




EXPENSE 


1,127,908 

66,643 
58,536 
48,821 
25,689 
933 


1,356,503 

8,655 

33,330 

42,733 

29,549 

553 


265,416 

5,558 
12,994 
5,897 
5,157 


2,200,109 

51,289 
37,028 
25,395 
35,980 


2,251,108 

206,995 
111,190 
91,695 
65,104 
3,366 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,328,530 


1,471,323 


295,022 


2,349,801 


2,729,458 




Income Before Extraordinary/ 
Unusual Items 


55,063 


161,140 
(2,400) 


13,320 


37,005 


49,527 




NET INCOME 


55,063 


163,540 


13,320 


37,005 


49,527 





140 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Essex 

2,334 


Etobicoke 
92,910 


Exeter 
1,929 


Fenelon Falls 
1,113 


Fergus 
2,579 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
2,536,425 
993,626 


$ 
123,715,293 
49,974,644 


$ 

2,720,571 
1,082,727 


$ 

791,630 
326,617 


$ 

2,577,434 
1,026,430 


Less: Accumulated Depreciation 




1,542,799 

210,025 

87,207 

374,000 

129,617 

8,298 


73,740,649 

6,050 
13,857,843 
5,920,581 
13,700,000 
4,419,898 
224,271 


1,637,844 

197,237 

126,000 

57,929 

270,193 

3,153 

3,901 


465,013 

169,849 

43,138 

177,868 

17,280 

887 


1,551,004 

159,007 
175,000 
96,588 
676,500 
65,145 
10,577 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


809,147 
1,329,217 


38,128,643 
4,837,708 
96,267,422 


658,413 

504 

1,299,421 


409,022 
523,448 


1,182,817 
2,928,743 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


3,681,163 


212,974,422 


3,596,182 


1,397,483 


5,662,564 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


45,000 


46,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


45,000 
21,000 


46,000 
6,000 


— 


Total 

LIABILITIES 


369,541 
19,864 


15,349,797 
3,916,167 


24,000 

250,985 
13,550 


40,000 

179,5% 
6,825 


74,039 
14,553 






Total 

DEFERRED CREDIT 
Contributed Capital 

Subject to Amortization 

Less Amortization 


389,405 

170,562 
18,574 


19,265,964 

4,170,610 
679,916 


264,535 

135,441 
17,055 


186,421 

9,205 
2,125 


88,592 

300,045 
25,804 


RESERVES 

UTILITY EQUITY 


151,988 

1,810,553 
1,329,217 


3,490,694 

93,950,342 
96,267,422 


118,386 

1,889,840 
1,299,421 


7,080 

640,534 
523,448 


274,241 

2,370,988 
2,928,743 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


3,681,163 


212,974,422 


3,596,182 


1,397,483 


5.662.564 



Statements B and C 



141 



Statements for the Year Ended December 31, 1988 



Municipality 


Essex 
2,334 


Etobicoke 
92,910 


Exeter 
1,929 


Fenelon Falls 
1,113 


Fergus 
2,579 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,778,831 
31,722 


$ 

91,126,199 

2,824,143 


$ 
1,725,277 
164,563 


$ 
588,894 
51,640 


$ 
2,010,698 
314,790 

45,500 


UTILITY EQUITY, END OF YEAR 


1,810,553 


93,950,342 


1,889,840 


640,534 


2,370,988 




C. STATEMENT OF OPERATIONS 

REVENUE 


2,732,587 
88,092 


181,054,315 
4,362,603 


2,481,189 
66,788 


1,269,804 
26,132 


5,577,993 
75,969 


Other Operating Revenue 


TOTAL REVENUE 


2,820,679 


185,416,918 


2,547,977 


1,295,936 


5,653,962 




EXPENSE 


2,407,770 

134,179 
50,174 

103,828 

92,164 

842 


163,518,416 

7,832,218 
3,213,225 
3,268,998 
4,695,459 
205,529 


2,006,961 

102,277 
67,484 
69,842 
96,199 
9,282 


1,119,296 

22,244 
37,851 
27,078 
32,299 
5,528 


4,939,636 

192,864 
86,749 
45,559 
74,364 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


2,788,957 


182,733,845 


2,352,045 


1,244,2% 


5,339,172 




Income Before Extraordinary/ 
Unusual Items 


31,722 


2,683,073 
(141,070) 


195,932 
31,369 


51,640 


314,790 




NET INCOME 


31,722 


2,824,143 


164,563 


51,640 


314,790 





142 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Finch 
231 


Flamborough 
1,099 


Flesherton 
345 


Forest 
1,228 


Fort Frances 
3,664 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
195,324 
87,778 


$ 
1,002,264 
472,991 


$ 
277,754 
99,511 


$ 
1,305,640 
524,464 


$ 

5,378,386 
1,846,642 


Less: Accumulated Depreciation 




107,546 

29,006 

21,477 

30,887 

1,716 


529,273 

122,966 
62,817 
31,353 

139,491 
14,895 
3,134 


178,243 

907 

13,130 

54,515 

8,873 

532 


781,176 

63,011 

65,716 

219,000 

10,692 

3,488 


3,531,744 

348,879 

541,955 
220,406 
262,632 


CURRENT ASSETS 


Investments 




Inventory 

Other 




83,086 
138,939 


374,656 

4,040 

746,204 


77,957 
222,571 


361,907 

632 

913,282 


1,373,872 

108,394 

2,485,363 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


329,571 


1,654,173 


478,771 


2,056,997 


7,499,373 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


17,000 


- 


23,000 


444,583 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


17,000 
1,000 


— 


23,000 
23,000 


444,583 
32,812 


Total 

LIABILITIES 


22,316 
190 


16,000 

107,909 
4,529 


43,404 
840 


226,847 
16,003 


411,771 
387,516 






Total 

DEFERRED CREDIT 
Contributed Capital 


22,506 

14,483 
1,958 


112,438 

46,491 
8,422 


44,244 

16,528 
920 


242,850 

54,944 
4,936 


387,516 

92,623 
5,476 






RESERVES 

UTILITY EQUITY 


12,525 

155,601 
138,939 


38,069 

741,462 
746,204 


15,608 

196,348 
222,571 


50,008 

850,857 
913,282 


87,147 

4,127,576 
2,485,363 


EQUITY IN ONTARIO HYDRO.... 




TOTAL DEBT. LIABILITIES & EQUITY . 


329,571 


1,654,173 


478,771 


2,056,997 


7,499,373 



Statements B and C 



143 



Statements for the Year Ended December 31, 1988 



Municipality 


Finch 
231 


Flamborough 
1,099 


Flesherton 
345 


Forest 
1,228 


Fort Frances 
3,664 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
137,267 
18,334 


$ 
698,379 
43,083 


$ 
198,103 
(1,755) 


$ 
793,600 

57,257 


$ 
3,813,105 
330,208 

(15,737) 


UTILITY EQUITY, END OF YEAR 


155,601 


741,462 


196,348 


850,857 


4,127,576 




C. STATEMENT OF OPERATIONS 

REVENUE 


251,359 
2,294 


1,256,822 
25,306 


366,169 
5,715 


1,539,623 
32,045 


4,184,053 
146,869 


Other Operating Revenue 


TOTAL REVENUE 


253,653 


1,282,128 


371,884 


1,571,668 


4,330,922 




EXPENSE 


212,353 

4,619 
8,257 
2,562 
7,528 


1,082,743 

22,611 
45,586 
46,464 
39,719 
1,922 


343,826 

5,373 
7,814 
5,872 
10,306 
448 


1,281,583 

64,591 
35,923 
75,036 
50,355 
6,923 


3,135,231 

221,180 
134,508 
192,859 
181,416 
40,923 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


235,319 


1,239,045 


373,639 


1,514,411 


3,906,117 




Income Before Extraordinary/ 


18,334 


43,083 


(1,755) 


57,257 


424,805 
94,597 






NET INCOME 


18,334 


43,083 


(1,755) 


57,257 


330,208 





144 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Frankford 
867 


Georgina 
1,287 


Glencoe 

867 


Gloucester 

31,042 


Goderich 
3,364 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
666,414 
237,062 


$ 
1,381,761 
509,762 


$ 
791,809 
349,914 


$ 

46,924,333 
11,871,015 


$ 

4,024,097 
1,754,537 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


429,352 

201,843 

13,151 

181,100 

5,116 

2,086 


871,999 

202,381 

68,413 

198,059 

78,132 

3,292 


441,895 

48,959 
71,394 
26,488 
160,000 
. 17,311 
2,160 


35,053,318 

1,805,596 
990,840 
1,822,422 
4,770,057 
1,641,182 


2,269,560 

264,744 
27,193 
535,589 
324,000 
123,462 


Investments 


Unbilled Revenue 

Inventory 

Other 




403,296 
428,540 


550,277 

1,136 

798,864 


326,312 
520,605 


11,030,097 

304,689 

13,566,641 


1,274,988 

10,706 

3,283,788 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,261,188 


2,222,276 


1,288,812 


59,954,745 


6,839,042 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


87,000 


- 


5,626,278 
1,495,739 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


87,000 
8,000 


— 


4,130,539 
376,582 


— 


Total 

LIABILITIES 


140,284 
9,470 


79,000 

221,982 
10,835 


135,868 
5,630 


3,753,957 
3,992,912 


653,454 
90,505 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


149,754 

3,988 
543 


232,817 

142,322 
10,498 


141,498 

32,702 
6,329 


3,992,912 

11,804,188 
1,611,718 


743,959 

115,585 
13,586 




RESERVES 

UTILITY EQUITY 


3,445 

679,449 
428,540 


131,824 

979,771 
798,864 


26,373 

600,336 
520,605 


10,192,470 

28,448,765 
13,566,641 


101,999 

2,709,296 
3,283,788 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,261,188 


2,222,276 


1,288,812 


59,954,745 


6,839,042 



Statements B and C 



145 



Statements for the Year Ended December 31, 1988 



Municipality 


Frankford 
867 


Georgina 
1,287 


Glencoe 

867 


Gloucester 
31,042 


Goderich 
3,364 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
641,326 
38,123 


$ 
915,940 
63,831 


$ 
532,428 
67,908 


$ 
26,046,280 
2,402,485 


$ 
2,581,518 

127,778 


UTILITY EQUITY, END OF YEAR 


679,449 


979,771 


600,336 


28,448,765 


2,709,296 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


938,000 
29,723 


1,590,332 
40,920 


1,027,901 
33,039 


37,736,683 
658,831 


5,672,861 
99,491 


TOTAL REVENUE 


967,723 


1,631,252 


1,060,940 


38,395,514 


5,772,352 




EXPENSE 


833,238 

18,984 
23,080 
27,763 
26,311 

224 


1,366,194 

34,808 
54,018 
61,883 
40,903 
9,615 


865,351 

36,319 

25,228 
33,777 
30,241 


31,468,655 

745,657 

881,063 

1,257,175 

1,196,417 

329,912 


4,909,112 

229,414 
121,785 
234,859 
147,498 
1,906 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


929,600 


1,567,421 


990,916 


35,878,879 


5,644,574 




Income Before Extraordinary/ 


38,123 


63,831 


70,024 
2,116 


2,516,635 
114,150 


127,778 






NET INCOME 


38,123 


63,831 


67,908 


2,402,485 


127,778 





146 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Goulbourn 
1,194 


Grand Bend 
1,008 


Grand Valley 
531 


Granton 

134 


Gravenhurst 
2,104 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
1,398,729 
505,435 


$ 

791,694 
327,365 


$ 

439,634 
123,323 


$ 

125,492 
47,834 


$ 

2,218,166 
909,551 


Less: Accumulated Depreciation 




893,294 

138,119 
40,000 
47,486 

273,362 

25,390 

3,253 


464,329 

140,279 

14,318 

81,100 

45,653 

1,969 


316,311 

11,363 

25,920 

137,249 

9,902 

212 


77,658 

11,996 

4,727 
23,400 

841 


1,308,615 

17,982 

65,879 

391,483 

65,487 

2,186 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


527,610 
652,323 


283,319 
381,911 


184,646 

3,000 

319,902 


40,964 
109,712 


543,017 

5,270 

1,308,097 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,073,227 


1,129,559 


823,859 


228,334 


3,164,999 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


138,000 
80,000 


15,302 


- 


- 


17,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


58,000 
9,886 


15,302 
8,905 


— 


— 


17,000 
8,000 


Total 

LIABILITIES 


48,114 

174,162 
27,199 


6,397 

95,954 
16,144 


62,770 
775 


18,855 
585 


9,000 

305,930 
30,830 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


201,361 

97,154 
10,732 


112,098 

158,942 
17,090 


63,545 

181,679 
24,748 


19,440 


336,760 

80,906 
13,265 




RESERVES 

UTILITY EQUITY 


86,422 

1,085,007 
652,323 


141,852 

487,301 
381,911 


156,931 

283,481 
319,902 


99,182 
109,712 


67,641 

1,443,501 
1,308,097 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


2,073,227 


1,129,559 


823,859 


228,334 


3,164,999 



Statements B and C 



147 



Statements for the Year Ended December 31, 1988 



Municipality 


Goulbourn 
1,194 


Grand Bend 
1,008 


Grand Valley 
531 


Granton 

134 


Gravenhurst 
2,104 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,055,572 
29,435 


$ 
413,995 
73,306 


$ 
221,317 
62,164 


$ 

96,758 
2,424 


$ 
1,402,855 
40,646 


UTILITY EQUITY, END OF YEAR 


1,085,007 


487,301 


283,481 


99,182 


1,443,501 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,592,332 
36,178 


873,582 
26,598 


658,062 
11,880 


162,319 
2,702 


2,393,801 
100,018 


Other Operating Revenue 


TOTAL REVENUE 


1,628,510 


900,180 


669,942 


165,021 


2,493,819 




EXPENSE 


1,369,337 

49,542 
40,099 
37,267 
50,089 
6,972 


693,638 

42,452 
32,136 
34,372 
22,049 
2,227 


535,551 

13,692 

28,028 

17,986 

9,681 

2,840 


145,523 

2,859 
3,795 
5,489 
4,931 


2,005,348 

168,904 
117,858 
72,028 
83,868 
5,167 






Billing and Collecting 

Administration 

Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


1,553,306 


826,874 


607,778 


162,597 


2,453,173 




Income Before Extraordinary/ 


75,204 
45,769 


73,306 


62,164 


2,424 


40,646 






NET INCOME 


29,435 


73,306 


62,164 


2,424 


40,646 





148 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Grimsby 
6,698 


Guelph 

28,654 


Haldimand 
3,372 


Halton Hills 
12,150 


Hamilton 
124,412 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
6,794,316 
2,334,296 


$ 
42,696,795 
14,216,715 


$ 

2,336,642 
1,083,601 


$ 

21,401,537 
7,979,511 


$ 

121,291,820 
37,721,661 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


4,460,020 

695,207 

254,254 

685,371 

305,455 

22,951 


28,480,080 

2,135,826 
2,821,898 
1,570,945 
7,125,000 
2,280,331 
86,247 


1,253,041 

461,010 

123,254 

423,120 

37,904 

7,431 


13,422,026 

1,300 

574,751 

1,728,201 

1,295,480 

813,157 

5,664 


83,570,159 

1,391,574 
7,275,000 
20,193,137 
6,950,621 
5,151,911 
259,457 


Investments 




Inventory 

Other 




1,963,238 
3,092,068 


16,020,247 

263,447 

26,081,228 


1,052,719 
1,787,452 


4,418,553 

33,620 

9,247,746 


41,221,700 

323,043 

178,475,501 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


9,515,326 


70,845,002 


4,093,212 


27,121,945 


303,590,403 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


1,242,279 


935,262 


- 


3,531,117 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


1,242,279 
52,279 


935,262 
123,322 


— 


3,531,117 
244,569 


— 


Total 

LIABILITIES 
Current Liabilities 


1,190,000 

805,741 
33,042 


811,940 

5,761,013 
72,576 


381,658 
56,444 


3,286,548 

2,976,559 
348,799 


24,356,442 
742,132 




Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


838,783 

1,945,715 
174,964 


5,833,589 

8,505,463 
820,214 


438,102 

68,092 
9,599 


3,325,358 

508,889 
100,047 


25,098,574 

2,050,204 
191,075 




RESERVES 

UTILITY EQUITY 


1,770,751 

2,623,724 
3,092,068 


7,685,249 

30,432,996 
26,081,228 


58,493 

1,809,165 
1,787,452 


408,842 

10,853,451 
9,247,746 


1,859,129 

98,157,199 
178,475,501 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


9,515,326 


70,845,002 


4,093,212 


27,121,945 


303^90,403 



Statements B and C 



149 



Statements for the Year Ended December 31, 1988 



Municipality 


Grimsby 
6,698 


Guelph 
28,654 


Haldimand 
3,372 


Halton Hills 
12,150 


Hamilton 
124,412 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
2,264,769 
358,955 


$ 

26,607,201 

3,825,795 


$ 
1,591,773 
217,392 


$ 
10,002,653 
926,740 

(75,942) 


$ 

96,534,719 

7,377,044 

(896,716) 
(4,857,848) 


UTILITY EQUITY, END OF YEAR 


2,623,724 


30,432,996 


1,809,165 


10,853,451 


98,157,199 




C. STATEMENT OF OPERATIONS 
REVENUE 


7,039,773 
142,295 


54,473,069 
1,269,664 


2,893,359 
151,771 


19,157,961 
435,050 


277,628,898 
3,333,937 






TOTAL REVENUE 


7,182,068 


55,742,733 


3,045,130 


19,593,011 


280,962,835 




EXPENSE 


5,687,623 

415,308 
166,510 
259,220 
160,585 
133,867 


46,377,340 

1,353,890 
1,240,413 
1,363,197 
1,432,079 
150,019 


2,404,369 

114,021 
110,622 
114,660 
80,702 
3,364 


15,742,173 

775,714 
493,256 
516,788 
809,758 
328,582 


255,810,216 

6,668,282 
3,921,409 
2,766,823 
4,329,333 
89,728 




Operation and Maintenance 

Billing and Collecting 

Administration 






TOTAL EXPENSE 


6,823,113 


51,916,938 


2,827,738 


18,666,271 


273,585,791 




Income Before Extraordinary/ 


358,955 


3,825,795 


217,392 


926,740 


7,377,044 






NET INCOME 


358,955 


3,825,795 


217,392 


926,740 


7,377,044 





150 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Hanover 

2,719 


Harriston 
892 


Harrow 
1,014 


Hastings 
593 


Havelock 
620 




A. BALANCE SHEET 

FIXED ASSETS 


$ 

2,183,512 
889,163 


$ 
1,351,543 
450,398 


$ 

1,294,383 
580,960 


$ 
591,262 
247,063 


$ 

491,580 
228,308 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


1,294,349 

334,288 
100,068 

19,995 
517,009 
141,001 

16,374 


901,145 

10,204 

14,688 
154,000 
71,874 


713,423 

183,679 

16,471 

192,000 

40,705 

2,658 


344,199 

60,866 
40,000 
22,154 
78,240 
5,811 
1,981 


263,272 

57,329 

6,675 

113,800 

14,499 

2,1% 


Investments 




Inventory 

Other 




1,128,735 

4,000 

2,503,009 


250,766 
692,100 


435,513 
816,686 


209,052 
290,205 


194,499 
350,915 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


4,930,093 


1,844,011 


1,965,622 


843,456 


808,686 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


20,000 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


20,000 
20,000 


— 


— 


— 


Total 

LIABILITIES 


369,146 
96,391 


137,728 
8,220 


131,620 
41,712 


75,959 
4,852 


68,675 
2,521 


Other Liabilities 


Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


465,537 

112,112 
5,810 


145,948 


173,332 

106,332 
6,972 


80,811 

20,889 
2,254 


71,196 

12,114 
2,233 




RESERVES 

UTILITY EQUITY 


106,302 

1,855,245 
2,503,009 


1,005,963 
692,100 


99,360 

876,244 
816,686 


18,635 

453,805 
290,205 


9,881 

376,694 
350,915 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


4,930,093 


1,844,011 


1,965,622 


843,456 


808,686 



Statements B and C 



151 



Statements for the Year Ended December 31, 1988 



Municipality 


Hanover 

2,719 


Harriston 
892 


Harrow 
1,014 


Hastings 
593 


Havelock 
620 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,662,382 
192,863 


$ 
896,070 
109,893 


$ 
806,380 
69,864 


$ 
423,043 
30,762 


$ 
332,079 
44,615 


UTILITY EQUITY, END OF YEAR 


1,855,245 


1,005,963 


876,244 


453,805 


376,694 




C. STATEMENT OF OPERATIONS 

REVENUE 


3,988,380 
48,802 


1,116,964 

14,774 


1,431,634 
50,635 


598,173 
22,069 


690,511 
10,869 


Other Operating Revenue 


TOTAL REVENUE 


4,037,182 


1,131,738 


1,482,269 


620,242 


701,380 




EXPENSE 


3,435,759 

148,639 
99,802 
85,951 
70,936 
3,232 


891,371 

37,178 
26,264 
15,128 
48,258 
3,646 


1,194,958 

67,461 
55,832 
51,130 
42,792 
232 


511,148 

16,590 
18,052 
20,422 
23,011 

257 


575,006 

15,121 
16,204 
31,071 
19,232 
131 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


3,844,319 


1,021,845 


1,412,405 


589,480 


656,765 




Income Before Extraordinary/ 


192,863 


109,893 


69,864 


30,762 


44,615 






NET INCOME 


192,863 


109,893 


69,864 


30,762 


44,615 





152 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Hawkesbury 
4,124 


Hearst 
2,320 


Hensall 
483 


Holstein 

114 


Huntsville 
1,802 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
3,036,067 
1,270,840 


$ 

2,003,536 
989,652 


$ 
542,933 
303,125 


$ 

93,443 
33,321 


$ 

1,991,997 
696,019 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


1,765,227 

635,916 

24,800 

85,190 

1,089,751 

211,165 

8,943 


1,013,884 

825,950 

46,014 
525,468 
172,585 


239,808 

137,467 

10,000 

3,317 

81,000 

457 

2,773 


60,122 

3,627 

4,814 
17,366 

100 


1,295,978 

22,020 

87,389 

341,578 

89,915 

10,337 


Investments 




Inventory 

Other 




2,055,765 
4,199,675 


1,570,017 
2,247,944 


235,014 

5,000 

530,714 


25,907 
57,024 


551,239 

1,400 

1,523,228 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


8,020,667 


4,831,845 


1,010,536 


143,053 


3,371,845 




DEBT FROM BORROWINGS 
Debentures and Other Long 


11,841 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


11,841 
11,841 


— 


— 


— 


— 


Total 

LIABILITIES 


912,240 
99,031 


571,390 
7,745 


79,432 
9,880 


14,868 
1,026 


262,107 
35,543 






Total 

DEFERRED CREDIT 
Contributed Capital 


1,011,271 

239,572 
39,710 


579,135 

74,282 
12,108 


89,312 

49,296 
7,948 


15,894 

10,469 
3,213 


297,650 

182,963 

18,412 






RESERVES 

UTILITY EQUITY 


199,862 

2,609,859 
4,199,675 


62,174 

1,942,592 
2,247,944 


41,348 

349,162 
530,714 


7,256 

62,879 
57,024 


164,551 

1,386,416 

1,523,228 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


8,020,667 


4,831,845 


1,010,536 


143,053 


3371,845 



Statements B and C 



153 



Statements for the Year Ended December 31, 1988 



Municipality 


Hawkesbury 

4,124 


Hearst 
2,320 


Hensall 

483 


Holstein 

114 


Huntsville 
1,802 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,947,8% 
661,963 


$ 
1,729,006 
213,586 


$ 
306,929 

42,233 


$ 

62,185 
694 


$ 
1,228,880 
157,536 


UTILITY EQUITY, END OF YEAR 


2,609,859 


1,942,592 


349,162 


62,879 


1,386,416 




C. STATEMENT OF OPERATIONS 

REVENUE 


9,748,156 
96,292 


5,003,545 
98,052 


874,175 
20,633 


90,517 
968 


2,629,990 
33,665 


Other Operating Revenue 


TOTAL REVENUE 


9,844,448 


5,101,597 


894,808 


91,485 


2,663,655 




EXPENSE 


8,514,105 

233,113 
122,562 
200,930 
103,335 
8,440 


4,539,373 

148,317 
72,134 
60,089 
68,098 


766,267 

14,094 
18,972 
33,956 
18,434 
852 


79,958 

2,956 
2,387 
1,833 
3,338 
319 


2,242,982 

73,978 
64,967 
54,737 
67,106 
2,349 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


9,182,485 


4,888,011 


852,575 


90,791 


2,506,119 




Income Before Extraordinary/ 
Unusual Items 


661,963 


213,586 


42,233 


694 


157,536 




NET INCOME 


661,963 


213,586 


42,233 


694 


157,536 





154 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Ingersoll 
3,820 


Iroquois 

523 


Iroquois Falls 
1,834 


Kanata 
11,162 


Kapuskasing 
2,605 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
4,611,362 
1,794,596 


$ 
423,424 
218,737 


$ 
1,482,528 
190,501 


$ 

24,317,326 
5,349,481 


$ 

2,248,964 
1,113,288 


Less: Accumulated Depreciation 




2,816,766 

780,809 

263,343 

862,757 

251,074 

12,574 


204,687 

210,591 

10,892 

4,086 

131,050 

6,869 

190 


1,292,027 

234,456 

14,233 

205,556 

50,885 

2,569 


18,967,845 

1,702,233 

768,984 

1,853,368 

1,179,642 

60,368 


1,135,676 

196,219 

128,728 

385,474 

46,105 

1,688 


CURRENT ASSETS 


Investments 




Inventory 

Other 




2,170,557 

74,408 

3,048,437 


363,678 

4,000 

684,406 


507,699 
143,375 


5,564,595 

90,386 

4,889,954 


758,214 
1,614,558 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


8,110,168 


1,256,771 


1,943,101 


29,512,780 


3,508,448 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


245,735 


- 


- 


8,264,147 
354,572 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


245,735 
28,367 


— 


— 


7,909,575 
688,927 


— 


Total 

LIABILITIES 


217,368 

1,253,445 
61,288 


136,855 
2,479 


125,439 
13,556 


7,220,648 

4,136,983 
46,742 


257,685 
78,484 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


1,314,733 

601,695 
31,404 


139,334 

3,999 
501 


138,995 

1,269,768 
149,006 


4,183,725 

10,895,848 
1,180,511 


336,169 




RESERVES 

UTILITY EQUITY 


570,291 

2,959,339 
3,048,437 


3,498 

429,533 
684,406 


1,120,762 

539,969 
143,375 


9,715,337 

3,503,116 
4,889,954 


1,557,721 
1,614,558 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


8,110,168 


1,256,771 


1,943,101 


29,512,780 


3,508,448 



Statements B and C 



155 



Statements for the Year Ended December 31, 1988 



Municipality 


Ingersoll 
3,820 


Iroquois 

523 


Iroquois Falls 
1,834 


Kanata 
11,162 


Kapuskasing 
2,605 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
2,531,439 
427,900 


$ 
376,853 
52,680 


$ 
456,171 
83,798 


$ 
2,853,777 
649,339 


$ 
1,570,585 
(12,864) 


UTILITY EQUITY, END OF YEAR 


2,959,339 


429,533 


539,969 


3,503,116 


1,557,721 




C. STATEMENT OF OPERATIONS 

REVENUE 


6,341,284 
157,837 


1,208,085 
22,253 


1,444,381 
38,892 


15,669,577 
447,550 


2,871,089 

77,404 


Other Operating Revenue 


TOTAL REVENUE 


6,499,121 


1,230,338 


1,483,273 


16,117,127 


2,948,493 




EXPENSE 


5,407,760 

184,524 
109,190 
181,117 
153,804 
34,826 


1,071,574 

47,377 
22,195 
24,702 
11,810 


1,165,878 

91,869 

47,479 

89,258 

4,931 

60 


12,845,655 

401,758 
346,501 
586,060 
478,102 
809,712 


2,433,029 

187,055 
137,369 
116,754 
83,531 
3,619 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


6,071,221 


1,177,658 


1,399,475 


15,467,788 


2,961,357 




Income Before Extraordinary/ 
Unusual Items 


427,900 


52,680 


83,798 


649,339 


(12,864) 




NET INCOME 


427,900 


52,680 


83,798 


649,339 


(12,864) 





156 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Kemptville 
1,201 


Kenora 
5,308 


Killaloe Stn 
349 


Kincardine 
2,770 


Kingston 
24,454 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,221,166 
527,249 


$ 
4,676,330 
2,202,743 


$ 
291,415 
124,241 


$ 

3,370,751 
1,173,250 


$ 

23,655,723 
9,922,927 


Less: Accumulated Depreciation 




693,917 

161,037 
45,000 
185,000 
125,031 
52,644 


2,473,587 

374,839 
275,000 
262,360 
664,884 
172,934 
7,382 


167,174 

38,223 

10,645 

35,334 

5,472 

1,051 


2,197,501 

338,074 

192,946 

458,493 

206,193 

5,835 


13,732,796 

935,0% 

3,734,709 

2,156,777 

1,069,438 

42,341 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 


568,712 

4,248 

974,115 


1,757,399 
2,427,479 


90,725 
139,971 


1,201,541 

5,345 

1,902,548 


7,938,361 
19,174,378 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,240,992 


6,658,465 


397,870 


5,306,935 


40,845,535 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


29,000 


- 


- 


299,000 


2,365,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


29,000 
16,000 


— 


— 


299,000 
41,000 


2,365,000 
310,000 


Total 

LIABILITIES 


13,000 

180,845 
2,600 


608,655 
36,326 


51,785 
1,695 


258,000 

492,264 
88,491 


2,055,000 

3,942,779 
48,913 


Other Liabilities 




Total 

DEFERRED CREDIT 
Contributed Capital 


183,445 

78,404 
11,141 


644,981 

97,836 
15,846 


53,480 

6,331 

785 


580,755 

93,747 
11,447 


3,991,692 

1,074,946 
229,139 






RESERVES 

UTILITY EQUITY 


67,263 

1,003,169 
974,115 


81,990 

3,504,015 
2,427,479 


5,546 

198,873 
139,971 


82,300 

2,483,332 
1,902,548 


845,807 

14,778,658 
19,174,378 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


2,240,992 


6,658,465 


397,870 


5,306,935 


40,845,535 



Statements B and C 



157 



Statements for the Year Ended December 31, 1988 



Municipality 


Kemptville 
1,201 


Kenora 
5,308 


Killaloe Stn 
349 


Kincardine 
2,770 


Kingston 

24,454 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
913,427 
89,742 


$ 
3,251,751 
252,264 


$ 
177,653 
21,220 


$ 
2,229,700 
253,632 


$ 

13,326,131 

1,445,781 

6,746 


UTILITY EQUITY, END OF YEAR 


1,003,169 


3,504,015 


198,873 


2,483,332 


14,778,658 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,780,982 
28,162 


5,752,133 
177,596 


292,061 
2,766 


3,665,215 
145,935 


35,654,640 
596,238 


Other Operating Revenue 


TOTAL REVENUE 


1,809,144 


5,929,729 


294,827 


3,811,150 


36,250,878 




EXPENSE 


1,457,883 

62,938 
74,532 
78,699 
40,797 
4,553 


4,829,926 

330,337 
224,071 
110,746 
182,385 


237,433 

2,157 
11,615 
10,797 
11,605 


3,109,010 

119,178 
109,451 

71,451 
111,784 

36,644 


30,736,815 

1,369,146 
740,850 
971,430 
734,581 
252,275 








Administration 


Financial Expense 


TOTAL EXPENSE 


1,719,402 


5,677,465 


273,607 


3,557,518 


34,805,097 


Income Before Extraordinary/ 
Unusual Items 


89,742 


252,264 


21,220 


253,632 


1,445,781 




NET INCOME 


89,742 


252,264 


21,220 


253,632 


1,445,781 





158 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Kingsville 
2,333 


Kirkfield 
129 


Kitchener 
WUmot 
58,249 


L'Orignal 
820 


Lakefield 
1,213 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
2,359,218 
965,928 


$ 

87,425 

43,103 


$ 
89,485,520 
29,481,372 


$ 

782,693 
289,113 


$ 

1,445,800 
586,371 


Less: Accumulated Depreciation 




1,393,290 

107,649 
110,000 

47,305 
364,000 

93,870 
6,054 


44,322 

17,297 

1,328 
24,978 


60,004,148 

256,731 
1,100,000 
7,512,856 
6,679,000 
2,930,374 
83,834 


493,580 

73,480 

22,115 

183,187 

7,254 

608 


859,429 

169,245 

26,540 

222,546 

37,985 


CURRENT ASSETS 


Investments 

Accounts Receivable 


Inventory 

Other 




728,878 

20,252 

1,363,945 


43,603 

790 

69,196 


18,562,795 

876,090 

48,163,778 


286,644 
407,250 


456,316 

2,284 

828,478 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


3,506,365 


157,911 


127,606,811 


1,187,474 


2,146,507 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


49,519 


- 


511,525 


- 


139,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


49,519 
8,575 


— 


511,525 
113,518 


— 


139,000 
12,000 


Total 

LIABILITIES 


40,944 

211,022 
31,485 


13,945 
990 


398,007 

7,837,957 
493,740 


147,015 
6,051 


127,000 

193,123 
13,221 






Total 

DEFERRED CREDIT 
Contributed Capital 


242,507 

312,567 
49,015 


14,935 

15,651 
3,006 


8,331,697 

5,835,920 
537,522 


153,066 

20,715 
2,642 


206,344 

66,349 
12,818 






RESERVES 

UTILITY EQUITY 


263,552 

1,595,417 
1,363,945 


12,645 

61,135 
69,196 


5,298,398 

65,414,931 
48,163,778 


18,073 

609,085 
407,250 


53,531 

931,154 
828,478 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


3,506,365 


157,911 


127,606,811 


1,187,474 


2,146^07 



Statements B and C 



159 



Statements for the Year Ended December 31, 1988 



Municipality 


Kingsville 
2,333 


Kirkfield 

129 


Kitchener 
Wilmot 
58,249 


L'Orignal 

820 


Lakefield 
1,213 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

(and/street lighting plant received in year 
Adjustments 


$ 
1,443,323 
152,094 


$ 

55,315 
5,820 


$ 

59,613,105 

5,801,826 


$ 
563,310 

45,775 


$ 
844,671 
86,483 


UTILITY EQUITY, END OF YEAR 


1,595,417 


61,135 


65,414,931 


609,085 


931,154 




C. STATEMENT OF OPERATIONS 

REVENUE 


2,621,190 
40,020 


121,770 
2,408 


91,622,726 
914,267 


1,043,870 
10,345 


1,783,311 
21,388 


Other Operating Revenue 


TOTAL REVENUE 


2,661,210 


124,178 


92,536,993 


1,054,215 


1,804,699 




EXPENSE 


2,166,834 

148,629 
58,072 
60,548 
70,400 
4,633 


105,165 

623 
3,791 
5,833 
2,946 


77,403,492 

3,099,183 
1,362,291 
2,083,422 
2,706,389 
80,390 


906,627 

20,845 
30,157 
22,036 
27,177 
1,598 


1,445,618 

93,422 
18,479 
91,878 
52,424 
16,395 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


2,509,116 


118,358 


86,735,167 


1,008,440 


1,718,216 




Income Before Extraordinary/ 


152,094 


5,820 


5,801,826 


45,775 


86,483 






NET INCOME 


152,094 


5,820 


5,801,826 


45,775 


86,483 





160 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Lanark 

410 


Lancaster 
358 


Larder Lake 
Twp. 

527 


Latchford 
211 


Leamington 
4,708 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
468,401 
155,430 


$ 

302,438 
113,854 


$ 

332,359 
164,817 


$ 

166,756 
91,041 


$ 

5,124,297 
2,047,376 


Less: Accumulated Depreciation 




312,971 

44,409 
10,000 
11,281 
65,300 
10,308 


188,584 

42,066 

9,659 

78,121 

3,492 

1,363 


167,542 

50,663 

15,209 
68,526 


75,715 

7,212 

13,474 
33,857 


3,076,921 

209,877 
699,555 
69,147 
931,235 
261,464 
8,267 


CURRENT ASSETS 


Investments 




Inventory 

Other 




141,298 

3,028 

235,025 


134,701 
208,841 


134,398 
276,833 


54,543 
95,125 


2,179,545 

1,100 

3,654,190 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


692,322 


532,126 


578,773 


225,383 


8,911,756 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 


— 


— 


— 


— 


— 


Total 

LIABILITIES 


55,438 
7,374 


53,821 
2,025 


92,793 
6,493 


18,580 
1,481 


604,932 
123,978 






Total 

DEFERRED CREDIT 
Contributed Capital 


62,812 

94,974 
18,249 


55,846 

3,039 
412 


99,286 

7,916 

783 


20,061 

7,091 
1,175 


728,910 

322,960 
36,790 


Less Amortization 


RESERVES 

UTILITY EQUITY 


76,725 

317,760 
235,025 


2,627 

264,812 
208,841 


7,133 

195,521 
276,833 


5,916 

104,281 
95,125 


286,170 

4,242,486 
3,654,190 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


692,322 


532,126 


578,773 


225,383 


8,911,756 



Statements B and C 



161 



Statements for the Year Ended December 31, 1988 



Municipality 


Lanark 
410 


Lancaster 
358 


Larder Lake 
Twp. 

527 


Latchford 
211 


Leamington 
4,708 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
291,271 
26,489 


$ 
234,013 
30,799 


$ 
182,940 
12,581 


$ 

99,483 
4,798 


$ 
4,060,065 
182,421 


UTILITY EQUITY, END OF YEAR 


317,760 


264,812 


195,521 


104,281 


4,242,486 




C. STATEMENT OF OPERATIONS 

REVENUE 
Service Revenue 


457,278 
10,760 


460,998 
6,604 


530,931 
4,973 


201,384 
2,160 


6,586,365 
158,260 




TOTAL REVENUE 


468,038 


467,602 


535,904 


203,544 


6,744,625 




EXPENSE 


380,311 

6,985 

17,320 
21,797 
15,136 


391,288 

7,210 
12,948 
12,825 
11,908 
624 


447 ,969 

25,486 
20,878 
15,208 
13,382 
400 


175,712 

6,413 
2,904 
5,987 
6,543 
1,187 


5,962,362 

171,807 
99,714 
146,182 
180,815 
1,324 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


441,549 


436,803 


523,323 


198,746 


6,562,204 




Income Before Extraordinary/ 


26,489 


30,799 


12,581 


4,798 


182,421 






NET INCOME 


26,489 


30,799 


12,581 


4,798 


182,421 





162 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Lincoln 
1,915 


Lindsay 
6,229 


Listowel 
2,139 


London 
103,589 


Lucan 
668 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,645,265 
572,739 


$ 
8,646,837 
2,981,350 


$ 
2,710,212 
1,020,476 


$ 
141,765,583 
51,819,324 


$ 

573,874 
243,944 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


1,072,526 

187,067 
50,000 
120,002 
225,315 
7,297 
7,667 


5,665,487 

1,395,7% 

110,594 

1,697,527 

298,974 

10,841 


1,689,736 

465,781 
134,881 

55,242 
434,000 

77,278 
6,721 


89,946,259 

1,865,751 
6,763,078 
11,829,664 
8,394,938 
5,833,093 
116,811 


329,930 

74,567 
15,000 

6,746 
122,300 
25,828 

2,261 


Investments 




Inventory 

Other 


Total Current Assets 


597,348 
888,495 


3,513,732 

225,252 

5,307,652 


1,173,903 

600 

2,158,971 


34,803,335 

890,314 

70,861,828 


246,702 
426,419 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,558,369 


14,712,123 


5,023,210 


196,501,736 


1,003,051 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


213,000 


1,210,187 


31,000 


1,073,598 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


213,000 
21,200 


1,210,187 
40,131 


31,000 
14,000 


1,073,598 
200,576 


— 


Total 

LIABILITIES 


191,800 

372,650 
8,947 


1,170,056 

1,255,995 
372,753 


17,000 

319,463 
4,695 


873,022 

13,398,021 
1,252,067 


73,625 
10,121 






Total 

DEFERRED CREDIT 
Contributed Capital 


381,597 

138,405 
13,894 


1,628,748 

750,610 

75,242 


324,158 

147,271 
19,302 


14,650,088 

12,804,411 
1,259,233 


83,746 

14,205 
769 






RESERVES 

UTILITY EQUITY 


124,511 

971,966 
888,495 


675,368 

5,930,299 
5,307,652 


127,969 

2,395,112 
2,158,971 


11,545,178 

98,571,620 
70,861,828 


13,436 

479,450 
426,419 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABOJTIES & EQUITY . 


2,558,369 


14,712,123 


5,023,210 


196,501,736 


1,003,051 



Statements B and C 



163 



Statements for the Year Ended December 31, 1988 



Municipality 


Lincoln 
1,915 


Lindsay 
6,229 


Listowel 
2,139 


London 
103,589 


Lucan 
668 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
830,464 
141,502 


$ 
5,050,912 
879,387 


$ 
2,097,010 
298,102 


$ 
91,376,157 
7,195,463 


$ 
424,777 
54,673 


UTILITY EQUITY, END OF YEAR 


971,966 


5,930,299 


2,395,112 


98,571,620 


479,450 




C. STATEMENT OF OPERATIONS 
REVENUE 


1,786,443 
43,419 


10,652,982 
254,578 


3,630,581 
76,665 


138,310,630 
4,602,868 


778,008 
30,297 


Other Operating Revenue 


TOTAL REVENUE 


1,829,862 


10,907,560 


3,707,246 


142,913,498 


808,305 




EXPENSE 
Power Purchased 


1,419,061 

79,429 
68,611 
41,269 
55,634 
24,356 


9,018,639 

354,085 
298,117 
181,465 
310,628 
11,831 


3,038,607 

104,090 
64,418 

102,677 

93,523 

5,829 


121,323,575 

4,585,057 
2,267,404 
3,018,727 
4,418,657 
104,615 


635,092 

34,540 
20,514 
43,641 
19,845 






Billing and Collecting 

Administration 

Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


1,688,360 


10,174,765 


3,409,144 


135,718,035 


753,632 




Income Before Extraordinary/ 
Unusual Items 


141,502 


732,795 
(146,592) 


298,102 


7,195,463 


54,673 




NET INCOME 


141,502 


879,387 


298,102 


7,195,463 


54,673 





164 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Lucknow 

555 


Madoc 
739 


Magnetawan 
159 


Markdale 
687 


Markham 
44,234 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
477,218 
184,843 


$ 
771,682 
371,497 


$ 

173,218 
78,319 


$ 

742,339 
285,119 


$ 

107324,619 
24,282,484 


Less: Accumulated Depreciation 




292,375 

75,002 

27,751 

98,128 

2,496 

3,313 


400,185 

135,694 

23,906 

129,080 

8,840 

515 


94,899 

3,464 

2,878 

28,622 

3,726 

1,598 


457,220 

62,538 

59,073 

167,371 

36,438 

3,198 


83,042,135 

1,313,218 

6,158,724 

5,536,915 

3,496311 

18,365 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 




206,690 

1,985 

424,719 


298,035 
483,575 


40,288 
61,625 


328,618 
510,398 


16,523,533 

664,273 

21,136,005 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


925,769 


1,181,795 


196,812 


1,296,236 


121365,946 




DEBT FROM BORROWINGS 

Debentures and Other Long 


- 


- 


800 


30,000 


25,596,260 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


800 
800 


30,000 
4,000 


25,596,260 
3,846,246 


Total 

LIABILITIES 
Current Liabilities 


91,772 
1,374 


86,192 
15,620 


16,302 


26,000 

146,138 
15,457 


21,750,014 

12,785,287 
1,070,105 




Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


93,146 

28,562 
2,527 


101,812 

28,321 
6,917 


16,302 

22,553 
7,491 


161,595 

34,101 
6,881 


13,855,392 

50,105,306 
7,642,277 




RESERVES 

UTILITY EQUITY 


26,035 

381,869 
424,719 


21,404 

575,004 
483,575 


15,062 

103,823 
61,625 


27,220 

571,023 
510,398 


42,463,029 

22,161,506 
21,136,005 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


925,769 


1,181,795 


196,812 


1,296,236 


121365,946 



Statements B and C 



165 



Statements for the Year Ended December 31, 1988 



Municipality 


Lucknow 

555 


Madoc 
739 


Magnetawan 
159 


Markdale 
687 


Markham 

44,234 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
357,049 
24,820 


$ 
505,466 
69,538 


$ 

92,222 

11,601 


$ 
511,383 
59,640 


$ 
17,810,492 
4,351,014 


UTILITY EQUITY, END OF YEAR 


381,869 


575,004 


103,823 


571,023 


22,161,506 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


636,217 
8,371 


888,158 
11,745 


141,731 
2,126 


1,079,131 
12,494 


71,093,712 
1,675,223 


TOTAL REVENUE 


644,588 


899,903 


143,857 


1,091,625 


72,768,935 




EXPENSE 


555,620 

15,962 

8,908 

22,706 

16,531 

41 


743,646 

17,465 
27,090 
12,878 
29,286 


118,513 

3,283 
2,320 
1,776 
6,107 

257 


937,434 

25,082 
20,694 
20,342 
25,523 
2,910 


57,435,113 

2,851,149 
1,222,415 
1,481,844 
2,353,632 
3,073,768 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


619,768 


830,365 


132,256 


1,031,985 


68,417,921 




Income Before Extraordinary/ 
Unusual Items 


24,820 


69,538 


11,601 


59,640 


4,351,014 




NET INCOME 


24,820 


69,538 


11,601 


59,640 


4,351,014 





166 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Marmora 
693 


Martintown 
124 


Massey 

521 


Maxville 
373 


McGarry Twp. 
408 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
562,994 
284,678 


$ 

76,941 

39,048 


$ 
413,930 
194,652 


$ 

320,793 
151,701 


$ 
230,918 
141,663 


Less: Accumulated Depreciation 




278,316 

84,317 

3,987 

126,445 

6,741 

2,425 


37,893 
5,925 

3,571 

22,222 
441 
100 


219,278 

22,203 
35,000 
5,071 
107,710 
23,858 


169,092 

22,059 

7,906 

83,829 

6,808 

1,426 


89,255 

42,000 

1,532 

65,781 


CURRENT ASSETS 


Investments 




Inventory 

Other 




223,915 

3,918 

385,885 


32,259 
68,550 


193,842 
301,484 


122,028 
283,886 


109,313 
237,486 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


892,034 


138,702 


714,604 


575,006 


436,054 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


5,000 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


5,000 
5,000 


— 


— 


— 


— 


Total 

LIABILITIES 

Current Liabilities 

Other Liabilities 


104,718 
7,745 


13,785 


81,187 
5,314 


46,592 
4,200 


43,267 
5,085 


Total 

DEFERRED CREDIT 
Contributed Capital 


112,463 

8,310 
1,885 


13,785 


86,501 

17,382 
2,399 


50,792 

15,532 
2,960 


48,352 






RESERVES 

UTILITY EQUITY 


6,425 

387,261 
385,885 


56,367 
68,550 


14,983 

311,636 
301,484 


12,572 

227,756 
283,886 


150,216 
237,486 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


892,034 


138,702 


714,604 


575,006 


436,054 



Statements B and C 



167 



Statements for the Year Ended December 31, 1988 



Municipality 


Marmora 
693 


Martintown 

124 


Massey 

521 


Maxville 

373 


McGarry Twp. 

408 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
375,151 
12,110 


$ 

45,883 

10,484 


$ 
327,927 
2,490 

(18,781) 


$ 
221,810 
5,946 


$ 
139,050 
11,166 


UTILITY EQUITY, END OF YEAR 


387,261 


56,367 


311,636 


227,756 


150,216 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


779,965 
17,154 


114,980 
1,645 


647,580 
15,551 


439,001 
8,300 


399,882 
5,115 


TOTAL REVENUE 


797,119 


116,625 


663,131 


447,301 


404,997 




EXPENSE 


691,665 

23,595 
18,290 
28,141 
22,549 
769 


97,986 

1,314 
2,726 
1,131 
2,182 
802 


566,511 

30,230 

9,682 

29,789 

16,435 

36 


396,596 

9,092 
16,886 
6,211 

12,570 


340,097 

5,573 
22,997 
15,043 

9,982 
139 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


785,009 


106,141 


652,683 


441,355 


393,831 




Income Before Extraordinary/ 
Unusual Items 


12,110 


10,484 


10,448 
7,958 


5,946 


11,166 




NET INCOME 


12,110 


10,484 


2,490 


5,946 


11,166 





168 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Meaford 
2,129 


Merlin 
303 


Midland 
5,314 


Mildmay 
460 


Millbrook 
514 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,795,298 
739,452 


$ 
178,812 
119,826 


$ 
5,463,522 
2,301,124 


$ 
419,470 
124,895 


$ 

525,852 
173,311 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


1,055,846 

402,613 

27,282 

292,174 

162,727 

3,490 


58,986 

36,084 

10,000 

2,919 

26,000 

2,646 

1,271 


3,162,398 

255,810 
361,894 
158,536 
1,095,673 
284,989 
4,992 


294,575 

42,852 

3,608 

68,395 

9,180 

1,388 


352,541 

18,969 
50,000 
10,270 
99,376 
12,213 
1,662 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


888,286 

4,000 

1,484,649 


78,920 
177,304 


2,161,894 

1,125 

4,987,702 


125,423 
240,569 


192,490 
242,328 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


3,432,781 


315,210 


10,313,119 


660,567 


787,359 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


71,240 


- 


24,000 


14,584 


9,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


71,240 
15,328 


— 


24,000 
24,000 


14,584 
5,000 


9,000 
2,000 


Total 

LIABILITIES 


55,912 

250,018 
8,482 


22,320 
975 


862,334 
45,233 


9,584 
52,888 


7,000 

63,354 
6,671 






Total 

DEFERRED CREDIT 
Contributed Capital 


258,500 

33,861 
3,815 


23,295 


907,567 

346,710 
17,468 


52,888 

65,375 
7,236 


70,025 

36,111 
3,889 


Less Amortization 


RESERVES 

UTILITY EQUITY 


30,046 

1,603,674 
1,484,649 


114,611 
177,304 


329,242 

4,088,608 
4,987,702 


58,139 

299,387 
240,569 


32,222 

435,784 
242,328 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


3,432,781 


315,210 


10,313,119 


660,567 


787,359 



Statements B and C 



169 



Statements for the Year Ended December 31, 1988 



Municipality 


Meaford 
2,129 


Merlin 
303 


Midland 
5,314 


Mildmay 
460 


Millbrook 
514 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,520,650 
83,024 


$ 
107,910 
6,701 


$ 
3,853,861 

234,747 


$ 
276,763 
22,624 


$ 
392,936 

42,848 


UTILITY EQUITY, END OF YEAR 


1,603,674 


114,611 


4,088,608 


299,387 


435,784 




C. STATEMENT OF OPERATIONS 

REVENUE 


2,128,316 
105,404 


246,357 
13,524 


8,330,624 
137,626 


461,587 
4,735 


561,700 
13,739 


Other Operating Revenue 


TOTAL REVENUE 


2,233,720 


259,881 


8,468,250 


466,322 


575,439 




EXPENSE 


1,851,360 

92,429 
42,979 
87,362 
70,864 
5,702 


211,125 

6,182 

7,299 

24,166 

4,408 


7,531,857 

245,319 
129,085 
136,833 
186,418 
3,991 


398,737 

3,944 
10,192 
14,965 
13,293 

2,567 


463,029 

16,109 
19,403 
12,269 
20,350 
1,431 




Operation and Maintenance 

Billing and Collecting 

Administration 

Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


2,150,696 


253,180 


8,233,503 


443,698 


532,591 




Income Before Extraordinary/ 

Unusual Items 

Extraordinary/Unusual Item(s) 


83,024 


6,701 


234,747 


22,624 


42,848 




NET INCOME 


83,024 


6,701 


234,747 


22,624 


42,848 





170 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Milton 
10,542 


Milverton 
585 


Mississauga 
114,080 


Mitchell 
1,356 


Moorefield 
184 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
23,101,764 
7,503,573 


$ 
494,738 
207,923 


$ 
221,766,980 
58,418,611 


$ 
1,740,559 
652,598 


$ 

151,3% 
70,224 


Less: Accumulated Depreciation 




15,598,191 

455,453 

800,000 

2,050,831 

2,277,733 

1,041,437 

34,093 


286,815 

27,421 

45,000 

6,515 

90,000 

8,892 

1,859 


163,348,369 

700 
37,775,123 
14,725,376 
19,002,789 
7,287,955 
154,1% 


1,087,961 

84,994 

30,366 
258,800 
105,987 


81,172 

10,537 

30,000 

2,381 

36,000 

5,957 

1,985 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 




6,659,547 

29,740 

7,679,545 


179,687 
517,071 


78,946,139 

325,104 

91,282,391 


480,147 

8,010 

1,139,791 


86,860 
148,751 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


29,967,023 


983,573 


333,902,003 


2,715,909 


316,783 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


2,533,300 


- 


11,388,821 
7,452,833 


100,280 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


2,533,300 
239,774 


— 


3,935,988 
962,507 


100,280 
9,162 


— 


Total 

LIABILITIES 


2,293,526 

2,764,429 
209,302 


86,749 
3,215 


2,973,481 

32,037,070 
4,364,836 


91,118 

207,595 
5,568 


17,8% 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


2,973,731 

3,321,224 
500,925 


89,964 

11,261 
1,287 


36,401,906 

61,322,712 
8,112,068 


213,163 

57,305 
5,494 


17,8% 

1,539 

173 




RESERVES 

UTILITY EQUITY 


2,820,299 

14,199,922 
7,679,545 


9,974 

366,564 
517,071 


53,210,644 

150,033,581 
91,282,391 


51,811 

1,220,026 
1,139,791 


1,366 

148,770 
148,751 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABBLITIES & EQUITY . 


29,967,023 


983,573 


333,902,003 


2,715,909 


316,783 



Statements B and C 



171 



Statements for the Year Ended December 31, 1988 



Municipality 


Milton 
10,542 


Milverton 
585 


Mississauga 
114,080 


Mitchell 
1,356 


Moorefield 
184 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
11,952,797 
2,286,689 

(39,564) 


$ 
350,205 
16,359 


$ 
139,354,027 
10,679,554 


$ 
1,093,845 
126,181 


$ 
136,433 
12,337 


UTILITY EQUITY, END OF YEAR 


14,199,922 


366,564 


150,033,581 


1,220,026 


148,770 




C. STATEMENT OF OPERATIONS 

REVENUE 


21,449,913 
699,189 


668,618 
12,643 


243,910,995 
6,257,505 


1,966,679 
39,435 


205,828 
4,821 


Other Operating Revenue 


TOTAL REVENUE 


22,149,102 


681,261 


250,168,500 


2,006,114 


210,649 




EXPENSE 


17,963,691 

766,321 
411,307 
419,582 
791,203 
289,748 


605,755 

10,125 
18,330 
13,195 
17,315 
182 


218,167,018 

10,502,316 

1,990,034 

2,840,710 

5,271,317 

717,551 


1,580,531 

101,543 
40,090 
86,008 
60,436 
11,325 


178,156 

4,392 
5,434 
4,183 
6,043 
104 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


20,641,852 


664,902 


239,488,946 


1,879,933 


198,312 




Income Before Extraordinary/ 


1,507,250 
(779,439) 


16,359 


10,679,554 


126,181 


12,337 






NET INCOME 


2,286,689 


16,359 


10,679,554 


126,181 


12,337 





172 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Morrisburg 
1,188 


Mount 

Brydges 

652 


Mount Forest 
1,907 


Nanticoke 
3,831 


Napanee 

2,347 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,352,502 
487,821 


$ 
545,423 
178,941 


$ 
1,738,514 
586,636 


$ 
3,760,661 
1,455,679 


$ 

2,636,758 
1,007,242 


Less: Accumulated Depreciation 




864,681 

128,220 
130,545 
155,367 
111,015 
65,344 
870 


366,482 

41,987 
35,000 
21,794 
64,400 

1,637 


1,151,878 

102,361 

87,194 

301,799 

190,527 

2,956 


2,304,982 

311,704 

253,274 

207,544 

94,109 

1,978 


1,629,516 

300,407 

80,973 

408,963 

61,882 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


591,361 

292 

776,577 


164,818 
253,030 


684,837 

2,400 

1,160,520 


868,609 

9,600 

1,790,640 


852,225 

3,000 

1,783,160 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,232,911 


784,330 


2,999,635 


4,973,831 


4,267,901 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


54,400 


- 


- 


256,000 


60,873 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


54,400 
2,200 


— 


— 


256,000 
19,000 


60,873 
30,873 


Total 

LIABILITIES 


52,200 

206,862 
31,715 


89,888 
5,360 


371,240 
45,534 


237,000 

395,592 
62,393 


30,000 

346,862 
66,911 






Total 

DEFERRED CREDIT 
Contributed Capital 


238,577 

17,479 
1,861 


95,248 

115,959 
16,445 


416,774 

63,557 
8,091 


457,985 

239,735 
30,612 


413,773 

163,818 
30,730 






RESERVES 

UTILITY EQUITY 


15,618 

1,149,939 

776,577 


99,514 

336,538 
253,030 


55,466 

1,366,875 
1,160,520 


209,123 

2,279,083 
1,790,640 


133,088 

1,907,880 
1,783,160 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


2,232,911 


784,330 


2,999,635 


4,973,831 


4,267,901 



Statements B and C 



173 



Statements for the Year Ended December 31, 1988 



Municipality 


Morrisburg 
1,188 


Mount 

Brydges 

652 


Mount Forest 
1,907 


Nanticoke 
3,831 


Napanee 

2,347 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,026,434 
123,505 


$ 
318,980 
17,558 


$ 
1,300,972 
65,903 


$ 
2,073,657 
205,426 


$ 
1,694,266 
213,614 


UTILITY EQUITY, END OF YEAR 


1,149,939 


336,538 


1,366,875 


2,279,083 


1,907,880 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,657,787 
40,308 


557,750 
11,987 


2,028,159 
29,598 


3,193,478 
170,110 


3,322,381 
82,939 


Other Operating Revenue 


TOTAL REVENUE 


1,698,095 


569,737 


2,057,757 


3,363,588 


3,405,320 




EXPENSE 


1,369,928 

59,831 
53,805 
43,552 
46,590 
884 


498,705 

11,717 
12,085 
12,186 
17,128 
358 


1,810,356 

47,629 
29,246 
43,119 
59,724 
1,780 


2,455,077 

160,095 
159,013 
217,646 
138,332 
27,999 


2,819,153 

73,387 
84,024 
104,300 
101,345 
9,497 






Billing and Collecting 




Financial Expense 


TOTAL EXPENSE 


1,574,590 


552,179 


1,991,854 


3,158,162 


3,191,706 




Income Before Extraordinary/ 


123,505 


17,558 


65,903 


205,426 


213,614 






NET INCOME 


123,505 


17,558 


65,903 


205,426 


213,614 





174 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Nepean 
34,797 


Neustadt 

272 


Newburgh 
281 


Newbury 
179 


Newcastle 
6,636 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
49,850,3% 
14,485,624 


$ 
185,238 
75,562 


$ 
410,262 
188,967 


$ 
116,787 
63,870 


$ 
9,449,824 
2,926,484 


Less: Accumulated Depreciation 




35,364,772 

995,197 
2,698,622 
2,601,350 
6,109,000 
3,025,227 

158,514 


109,676 

12,170 

4,236 

38,588 

7,991 

1,947 


221,295 

24,181 

18,478 

37,568 

5,342 


52,917 

6,973 
20,000 

2,745 

18,400 

200 

1,060 


6,523.340 

113,974 

765,387 

882,402 

336,000 

5,311 


CURRENT ASSETS 


Investments 




Inventory 

Other 




15,587,910 

741,554 

19,324,175 


64,932 

868 

139,354 


85,569 
127,901 


49,378 
103,042 


2,103,074 

27,211 

4,743,615 


OTHER ASSETS 

EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


71,018,411 


314,830 


434,765 


205,337 


13,397,240 




DEBT FROM BORROWINGS 
Debentures and Other Long 


8,308,861 
1,415,322 


- 


- 


- 


108,710 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


6,893,539 
717,864 


— 


— 


— 


108,710 
12,757 


Total 

LIABILITIES 


6,175,675 

6,452,488 
257,110 


21,366 
1,004 


21,715 
2,100 


16,879 
250 


95,953 

1,061,564 
230,556 






Total 

DEFERRED CREDIT 
Contributed Capital 


6,709,598 

10,579,013 
1,291,792 


22,370 

2,787 

437 


23,815 

30,559 
9,037 


17,129 

9,377 

1,848 


1,292,120 

1,067,641 
90,221 






RESERVES 

UTILITY EQUITY 


9,287,221 

29,521,742 
19,324,175 


2,350 

150,756 
139,354 


21,522 

261,527 
127,901 


7,529 

77,637 
103,042 


977,420 

6,288,132 
4,743,615 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


71,018,411 


314,830 


434,765 


205,337 


13,397,240 



Statements B and C 



175 



Statements for the Year Ended December 31, 1988 



Municipality 


Nepean 
34,797 


Neustadt 

272 


Newburgh 
281 


Newbury 
179 


Newcastle 
6,636 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

27,264,250 

2,257,492 


$ 
140,596 
10,160 


$ 
247,287 
22,567 

(8,327) 


$ 

71,601 
6,036 


$ 
5,691,330 
596,802 


UTILITY EQUITY, END OF YEAR 


29,521,742 


150,756 


261,527 


77,637 


6,288,132 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


50,438,472 
1,123,945 


205,882 
2,925 


273,586 
4,992 


181,374 
2,272 


8,548,519 
211,614 


TOTAL REVENUE 


51,562,417 


208,807 


278,578 


183,646 


8,760,133 




EXPENSE 

Power Purchased 

Local Generation 


42,965,355 

2,284,149 

826,157 

1,095,905 

1,425,581 

707,778 


176,251 

2,915 
4,220 
7,300 
7,354 
607 


220,689 

4,019 
7,624 
8,117 
15,448 
114 


160,630 

1,274 
4,882 
6,313 
4,511 


7,075,309 

310,004 
212,841 
233,017 
306,931 
25,229 


Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


49,304,925 


198,647 


256,011 


177,610 


8,163,331 




Income Before Extraordinary/ 


2,257,492 


10,160 


22,567 


6,036 


596,802 






NET INCOME 


2,257,492 


10,160 


22,567 


6,036 


596,802 





176 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Newmarket 
13,576 


Niagara Falls 
28,571 


Niagara On 

The Lake 

5,513 


Nickel Centre 
907 


Nipigon Twp. 
943 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
20,008,818 
4,558,753 


$ 
37,387,685 
13,205,055 


$ 

7,386,576 
2,867,600 


$ 

549,676 
226,468 


$ 

825,490 
396,086 






Net fixed assets 

CURRENT ASSETS 


15,450,065 

1,326,855 

1,557,873 

1,255,747 

890,751 

16,527 


24,182,630 

263,242 
2,600,000 
1,305,324 
3,168,359 
1,638,341 
48,976 


4,518,976 

107,520 
12,800 
542,077 
620,600 
125,688 
19,556 


323,208 

28,228 
20,000 

5,434 
154,515 
24,208 

4,187 


429,404 

113,485 

11,342 

155,900 

31,530 

9,570 


Investments 




Inventory 

Other 




5,047,753 

107,921 

6,692,986 


9,024,242 

362,557 

18,604,695 


1,428,241 

25,131 

2,940,306 


236,572 
438,716 


321,827 

6,599 

655,134 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


27,298,725 


52,174,124 


8,912,654 


998,496 


1,412,964 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


238,000 


998,604 


1,902,594 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


238,000 
28,000 


998,604 
109,494 


1,902,594 
94,567 


— 


— 


Total 

LIABILITIES 


210,000 

2,239,691 
472,014 


889,110 

3,170,710 
766,483 


1,808,027 

810,370 
88,131 


81,737 
11,055 


89,847 
15,841 






Total 

DEFERRED CREDIT 
Contributed Capital 


2,711,705 

8,022,214 
978,220 


3,937,193 

1,380,730 
141,761 


898,501 

379,866 

45,624 


92,792 

24,929 
4,462 


105,688 

86,130 
9,274 






RESERVES 

UTILITY EQUITY 


7,043,994 

10,640,040 
6,692,986 


1,238,969 

27,504,157 
18,604,695 


334,242 

2,931,578 
2,940,306 


20,467 

446,521 
438,716 


76,856 

575,286 
655,134 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


27,298,725 


52,174,124 


8,912,654 


998,496 


1,412,964 



Statements B and C 



111 



Statements for the Year Ended December 31, 1988 



Municipality 


Newmarket 
13,576 


Niagara Falls 
28,571 


Niagara On 

The Lake 

5,513 


Nickel Centre 
907 


Nipigon Twp. 
943 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

10,895,439 

1,019,388 

(985,987) 
(288,800) 


$ 

25,527,514 

1,976,643 


$ 
2,615,679 
315,899 


$ 
430,310 
43,005 

(1,963) 

(24,831) 


$ 
563,848 
11,438 


UTILITY EQUITY, END OF YEAR 


10,640,040 


27,504,157 


2,931,578 


446,521 


575,286 




C. STATEMENT OF OPERATIONS 
REVENUE 

Service Revenue 

Other Operating Revenue 


18,840,524 
387,064 


36,303,034 
521,583 


7,123,070 
178,696 


864,664 
10,453 


1,049,277 
24,622 


TOTAL REVENUE 


19,227,588 


36,824,617 


7,301,766 


875,117 


1,073,899 




EXPENSE 
Power Purchased 


16,195,526 

625,638 
406,002 
312,302 
531,330 
52,082 


30,405,046 

1,788,917 
816,928 
550,719 

1,165,984 
120,380 


5,651,341 

379,644 
122,854 
297,038 
268,694 
201,921 


694,397 

52,580 
25,223 
36,091 
23,791 
30 


867,422 

77,569 
43,402 
44,617 
29,451 




Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


18,122,880 


34,847,974 


6,921,492 


832,112 


1,062,461 




Income Before Extraordinary/ 
Unusual Items 


1,104,708 
85,320 


1,976,643 


380,274 
64,375 


43,005 


11,438 




NET INCOME 


1,019,388 


1,976,643 


315,899 


43,005 


11,438 





178 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Norfolk 

445 


North Bay 
20,916 


N. Dorchester 
Twp. 
538 


North York 
143,472 


Norwich 
1,374 




A. BALANCE SHEET 

FIXED ASSETS 

Plant and facilities 

Less: Accumulated Depreciation 


$ 
250,231 
143,859 


$ 
27,817,957 
11,649,776 


$ 
442,492 
175,823 


$ 
294,396,925 
97,463,294 


$ 

1,166,950 
494,841 




106,372 

58,334 

11,370 
32,363 
19,195 


16,168,181 

760,415 

981,238 

1,195,520 

3,182,453 

827,207 

34,498 


266,669 

66,307 

16,093 

57,100 

11,532 

1,512 


196,933,631 

785,277 

10,439,306 

16,909,048 

33,300,000 

6,105,729 

247,653 


672,109 

79,790 

17,815 
181,251 

2,558 


CURRENT ASSETS 




Unbilled Revenue 

Inventory 

Other 




121,262 
165,889 


6,981,331 

381,304 

14,288,353 


152,544 

5,700 

245,853 


67,787,013 

3,103,993 

137,480,209 


281,414 

3,595 

729,995 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


393,523 


37,819,169 


670,766 


405,304,846 


1,687,113 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


3,632,779 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


3,632,779 
441,486 


— 


— 


— 


Total 

LIABILITIES 


54,535 
4,446 


3,191,293 

3,668,155 
150,751 


64,258 
3,700 


26,748,222 
7,575,993 


98,485 
8,354 






Total 

DEFERRED CREDIT 
Contributed Capital 

Subject to Amortization 

Less Amortization 


58,981 

2,342 
561 


3,818,906 

1,798,505 
236,524 


67,958 

68,133 
8,839 


34,324,215 

5,767,491 
802,138 


106,839 

18,513 
1,602 


RESERVES 

UTILITY EQUITY 


1,781 

166,872 
165,889 


1,561,981 

14,958,636 
14,288,353 


59,294 

297,661 
245,853 


4,965,353 

228,535,069 
137,480,209 


16,911 

833,368 
729,995 


EQUITY IN ONTARIO HYDRO.... 




TOTAL DEBT. LIABILITIES & EQUITY . 


393,523 


37,819,169 


670,766 


405,304,846 


1,687,113 



Statements B and C 



179 



Statements for the Year Ended December 31, 1988 



Municipality 


Norfolk 

445 


North Bay 
20,916 


N. Dorchester 
Twp. 

538 


North York 

143,472 


Norwich 
1,374 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
159,546 
7,326 


$ 
13,330,074 
1,628,562 


$ 
272,986 
24,675 


$ 

213,829,956 

15,624,693 

(919,580) 


$ 
760,714 
72,654 


UTILITY EQUITY, END OF YEAR 


166,872 


14,958,636 


297,661 


228,535,069 


833,368 




C. STATEMENT OF OPERATIONS 
REVENUE 

Service Revenue 


286,722 
12,039 


30,257,000 
846,285 


496,466 
12,385 


293,647,957 
6,664,968 


1,243,463 
34,626 




TOTAL REVENUE 


298,761 


31,103,285 


508,851 


300,312,925 


1,278,089 




EXPENSE 


235,931 

18,699 
14,767 
12,795 
9,243 


24,246,267 

1,730,163 

1,018,081 

957,530 

1,075,098 

447,584 


438,272 

2,991 
13,038 
15,394 
14,481 


248,779,712 

11,597,944 
5,119,810 
7,939,998 

11,095,087 
155,681 


977,652 

93,412 
44,604 
47,571 
42,196 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


291,435 


29,474,723 


484,176 


284,688,232 


1,205,435 




Income Before Extraordinary/ 


7,326 


1,628,562 


24,675 


15,624,693 


72,654 






NET INCOME 


7,326 


1,628,562 


24,675 


15,624,693 


72,654 





180 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Norwood 

627 


Oakville 

33,523 


Oil Springs 
343 


Omemee 
436 


Orangeville 
5,880 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
648,055 
288,300 


$ 
78,133,305 
21,498,151 


$ 

181,170 
117,287 


$ 
412,292 
180,366 


$ 

6,619,855 
2,139,838 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


359,755 

36,612 

26,500 

115,225 

6,264 

1,737 


56,635,154 

8,243 
11,800,000 
3,853,926 
6,864,233 
2,912,557 
99,700 


63,883 

15,778 
5,000 
6,171 

28,577 

200 


231,926 

60,771 
43,180 
19,349 
52,905 
5,964 
2,145 


4,480,017 

1,089,889 

557,445 

691,641 

460,177 

31,365 


Investments 




Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


186,338 

1,400 

333,869 


25,538,659 

429,142 

29,634,153 


55,726 
186,526 


184,314 
231,336 


2,830,517 

99,245 

3,267,595 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


881,362 


112,237,108 


306,135 


647,576 


10,677,374 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


87,000 


1,779,221 


- 


4,000 


885,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


87,000 
8,000 


1,779,221 
277,089 


— 


4,000 
1,000 


885,000 
90,000 


Total 

LIABILITIES 


79,000 

115,784 
1,994 


1,502,132 

8,702,049 
825,125 


18,467 
680 


3,000 

59,995 
34,924 


795,000 

927,850 
143,562 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


117,778 

4,698 
188 


9,527,174 

19,837,928 
2,225,737 


19,147 


94,919 

5,209 
1,136 


1,071,412 

1,581,578 
133,850 




RESERVES 

UTILITY EQUITY 


4,510 

346,205 
333,869 


17,612,191 

53,961,458 
29,634,153 


100,462 
186,526 


4,073 

314,248 
231,336 


1,447,728 

4,095,639 
3,267,595 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


881,362 


112,237,108 


306,135 


647,576 


10,677,374 



Statements B and C 



181 



Statements for the Year Ended December 31, 1988 



Municipality 


Norwood 
627 


Oakville 

33,523 


Oil Springs 
343 


Omemee 
436 


Orangeville 
5,880 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
304,795 
41,410 


$ 
51,367,221 
2,613,276 

(19,039) 


$ 

99,452 
1,010 


$ 
309,737 
4,511 


$ 
3,715,683 
379,956 


UTILITY EQUITY, END OF YEAR 


346,205 


53,961,458 


100,462 


314,248 


4,095,639 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


685,305 
17,850 


66,304,987 
2,633,237 


240,469 
3,121 


475,925 
11,196 


8,067,337 
141,667 


TOTAL REVENUE 


703,155 


68,938,224 


243,590 


487,121 


8,209,004 




EXPENSE 


558,878 

16,150 
23,485 
20,866 
30,108 
8,571 


59,506,130 

2,203,473 

974,343 

1,266,746 

2,112,739 

261,517 


204,948 

7,641 
9,099 
13,688 
7,204 


426,346 

8,098 
19,089 

9,958 
16,748 

2,371 


6,961,675 

338,602 
224,666 
120,008 
190,511 
36,140 






Billing and Collecting 




Financial Expense 


TOTAL EXPENSE 


658,058 


66,324,948 


242,580 


482,610 


7,871,602 




Income Before Extraordinary/ 

Unusual Items 

Extraordinary/Unusual Item(s) 


45,097 
3,687 


2,613,276 


1,010 


4,511 


337,402 
(42,554) 




NET INCOME 


41,410 


2,613,276 


1,010 


4,511 


379,956 





182 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Orillia 
9,974 


Oshawa 

41,373 


Ottawa 
128,889 


Owen Sound 
8,365 


Paisley 

477 




A. BALANCE SHEET 

FIXED ASSETS 


$ 

22,563,338 

9,492,761 


$ 
49,641,804 

17,544,353 


$ 

182,405,647 
58,233,124 


$ 
8,921,136 
3,594,935 


$ 

490,600 
203,664 


Less: Accumulated Depreciation 




13,070,577 

176,717 
1,376,459 
1,331,667 

525,755 
775,549 


32,097,451 

2,325,122 
8,682,973 
2,239,578 
5,138,000 
1,400,894 
13,053 


124,172,523 

362,823 
19,594,038 
14,908,373 
12,353,000 
5,252,009 

155,121 


5,326,201 

1,199,027 

1,442,621 

840,469 

345,852 

22,471 


286,936 

57,441 

19,327 

86,207 

9,753 

433 


CURRENT ASSETS 


Investments 




Inventory 

Other 




4,186,147 

591,753 

5,449,426 


19,799,620 

13,383 

40,317,641 


52,625,364 

859,378 

104,524,873 


3,850,440 

183,000 

7,417,613 


173,161 
339,510 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


23,297,903 


92,228,095 


282,182,138 


16,777,254 


799,607 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


2,677,000 


368,807 


2,524,200 


323,138 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


2,677,000 
304,500 


368,807 
120,698 


2,524,200 
441,400 


323,138 
62,033 


— 


Total 

LIABILITIES 


2,372,500 

2,155,567 
205,679 


248,109 

7,431,693 
1,970,392 


2,082,800 

22,011,044 
1,965,979 


261,105 

1,856,371 
366,671 


54,848 
3,804 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


2,361,246 

309,282 
19,999 


9,402,085 

4,579,737 
577,906 


23,977,023 

15,173,100 
2,076,173 


2,223,042 

329,659 

33,573 


58,652 

9,894 
1,544 




RESERVES 

UTILITY EQUITY 


289,283 

537,640 

12,287,808 

5,449,426 


4,001,831 

38,258,429 
40,317,641 


13,096,927 

138,500,515 
104,524,873 


296,086 

6,579,408 
7,417,613 


8,350 

393,095 
339,510 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


23,297,903 


92,228,095 


282,182,138 


16,777,254 


799,607 



Statements B and C 



183 



Statements for the Year Ended December 31, 1988 



Municipality 


Orillia 
9,974 


Oshawa 
41,373 


Ottawa 

128,889 


Owen Sound 
8,365 


Paisley 

477 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
11,822,226 
609,644 

(144,062) 


$ 
38,062,245 
196,184 


$ 

132,766,543 

5,733,972 


$ 
6,175,749 
456,550 

(52,891) 


$ 
361,866 
31,229 


UTILITY EQUITY, END OF YEAR 


12,287,808 


38,258,429 


138,500,515 


6,579,408 


393,095 




C. STATEMENT OF OPERATIONS 

REVENUE 


14,629,370 
215,890 


58,076,757 
1,526,869 


208,715,792 
5,695,596 


14,131,611 
304,768 


578,408 
9,214 






TOTAL REVENUE 


14,845,260 


59,603,626 


214,411,388 


14,436,379 


587,622 




EXPENSE 


10,458,491 
1,016,478 
987,065 
384,156 
326,509 
725,972 
311,945 


52,624,357 

2,795,743 
1,414,102 

857,839 
1,586,987 

128,414 


184,465,135 
1,420,074 
10,887,359 
3,630,934 
1,830,438 
6,011,215 
432,261 


12,682,613 

437,250 
281,161 
196,272 
337,654 
40,271 


490,206 

13,429 
15,061 
19,380 
18,218 
99 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


14,210,616 


59,407,442 


208,677,416 


13,975,221 


556,393 




Income Before Extraordinary/ 
Unusual Items 


634,644 
25,000 


196,184 


5,733,972 


461,158 
4,608 


31,229 




NET INCOME 


609,644 


196,184 


5,733,972 


456,550 


31,229 





184 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Palmerston 
958 


Paris 
3,223 


Parkhill 
653 


Parry Sound 
3,051 


Pelham 
1,160 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,008,770 
433,240 


$ 
4,156,055 
1,534,802 


$ 
735,279 
317,514 


$ 

5,441,809 
2,071,476 


$ 

1,136,137 
460,690 


Less: Accumulated Depreciation 




575,530 

80,841 

19,574 

131,000 

20,684 

2,697 


2,621,253 

234,442 

567,290 

266,000 

141,825 

7,527 


417,765 

126,779 

24,949 

90,000 

5,945 

2,074 


3,370,333 
149,389 

96,026 
708,7% 
139,858 

19,910 


675,447 

19,491 

128,014 

101,988 

27,451 

2,212 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


254,7% 
631,937 


1,217,084 
2,069,843 


249,747 

673 

495,248 


1,113,979 

41,766 

1,947,171 


279,156 

3,000 

546,352 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,462,263 


5,908,180 


1,163,433 


6,473,249 


1,503,955 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


61,000 


86,202 


16,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


61,000 
10,000 


86,202 
27,000 


16,000 
6,000 


Total 

LIABILITIES 


99,897 
4,785 


451,160 
27,368 


51,000 

102,973 
3,510 


59,202 

517,713 
51,931 


10,000 

162,232 
8,945 






Total 

DEFERRED CREDIT 
Contributed Capital 


104,682 

62,347 
5,690 


478,528 

99,677 
13,085 


106,483 

36,746 
5,899 


569,644 

265,119 
47,609 


171,177 

115,298 
10,672 






RESERVES 

UTILITY EQUITY 


56,657 

668,987 
631,937 


86,592 

3,273,217 
2,069,843 


30,847 

479,855 
495,248 


217,510 

3,679,722 
1,947,171 


104,626 

671,800 
546,352 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,462,263 


5,908,180 


1,163,433 


6,473,249 


1,503,955 



Statements B and C 



185 



Statements for the Year Ended December 31, 1988 



Municipality 


Palmerston 
958 


Paris 
3,223 


Parkhill 
653 


Parry Sound 
3,051 


Pelham 
1,160 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
625,606 
43,381 


$ 
3,021,080 
252,137 


$ 
403,635 
76,220 


$ 
3,398,506 
281,216 


$ 
595,992 
75,808 


UTILITY EQUITY, END OF YEAR 


668,987 


3,273,217 


479,855 


3,679,722 


671,800 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


998,641 
28,281 


3,598,359 
98,724 


890,179 
27,517 


4,223,906 
144,128 


1,024,819 
37,073 


TOTAL REVENUE 


1,026,922 


3,697,083 


917,696 


4,368,034 


1,061,892 




EXPENSE 


813,645 

52,839 
34,233 
49,462 
32,597 
765 


2,930,407 

174,357 
44,644 
106,751 
133,220 
1,407 


730,545 

34,855 
18,261 
22,739 
27,591 
7,485 


3,440,604 
86,433 
146,449 
89,264 
114,855 
194,501 
14,712 


823,924 

39,124 
35,656 
42,087 
43,060 
2,233 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


983,541 


3,390,786 


841,476 


4,086,818 


986,084 




Income Before Extraordinary/ 


43,381 


306,297 
54,160 


76,220 


281,216 


75,808 






NET INCOME 


43,381 


252,137 


76,220 


281,216 


75,808 





186 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Pembroke 
6,467 


Penetang- 
uishene 
2,397 


Perth 
2,936 


Peterborough 
25,978 


Petrolia 
1,770 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
10,014,881 
4,948,920 


$ 
2,611,513 

984,473 


$ 
3,580,824 
1,514,840 


$ 
48,039,866 
20,446,904 


$ 

2,423,861 
1,031,255 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


5,065,961 

108,143 

583,242 

872,848 

432,372 

12,888 


1,627,040 

245,601 

147,833 

667,058 

30,217 

14,657 


2,065,984 

734,764 

551,232 

288,000 

191,647 

13,511 


27,592,962 

1,400 

1,500,000 

2,458,851 

3,961,591 

965,030 

31,468 


1,392,606 

676 
40,000 
90,497 
233,000 
126,694 
4,900 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


2,009,493 

107,900 

2,764,550 


1,105,366 

2,880 

1,777,881 


1,779,154 

599 

2,587,696 


8,918,340 

48,903 

20,511,235 


495,767 
1,262,598 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


9,947,904 


4,513,167 


6,433,433 


57,071,440 


3,150,971 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


444,452 


- 


- 


656,466 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


444,452 
57,967 


— 


— 


656,466 
141,980 


— 


Total 

LIABILITIES 


386,485 

1,050,961 
158,562 


452,073 
16,177 


524,829 
19,188 


514,486 

4,265,672 
782,064 


252,360 
85,886 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


1,209,523 

540,894 
69,751 


468,250 

372,169 
39,984 


544,017 

657,876 
81,025 


5,047,736 

2,700,791 
297,121 


338,246 

152,173 
15,863 




RESERVES 

UTILITY EQUITY 


471,143 

5,116,203 
2,764,550 


332,185 

1,934,851 
1,777,881 


576,851 

2,724,869 
2,587,696 


2,403,670 

28,594,313 
20,511,235 


136,310 

1,413,817 
1,262,598 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


9,947,904 


4,513,167 


6,433,433 


57,071,440 


3,150,971 



Statements B and C 



187 



Statements for the Year Ended December 31, 1988 



Municipality 


Pembroke 
6,467 


Penetang- 

uishene 

2,397 


Perth 
2,936 


Peterborough 
25,978 


Petrolia 

1,770 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
4,706,294 
409,909 


$ 
1,649,311 
285,540 


$ 
2,495,409 
229,460 


$ 

27,340,946 

1,253,367 


$ 
1,363,955 
49,862 


UTILITY EQUITY, END OF YEAR 


5,116,203 


1,934,851 


2,724,869 


28,594,313 


1,413,817 




C. STATEMENT OF OPERATIONS 

REVENUE 


8,436,082 
210,096 


3,773,456 
48,538 


4,762,161 
108,712 


35,956,071 
1,988,247 


1,911,842 
49,717 


Other Operating Revenue 


TOTAL REVENUE 


8,646,178 


3,821,994 


4,870,873 


37,944,318 


1,961,559 




EXPENSE 


6,940,877 

415,160 
195,099 
258,549 
361,313 
51,098 


3,238,014 

82,140 
54,268 
45,673 
81,359 


4,269,263 

130,809 
52,924 
76,580 

109,573 
2,264 


31,206,095 
177,065 

1,748,819 
735,719 
877,037 

1,958,313 
109,240 


1,549,565 

147,848 
39,970 

100,052 

70,909 

3,353 


Local Generation 


Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


8,222,096 


3,501,454 


4,641,413 


36,812,288 


1,911,697 




Income Before Extraordinary/ 
Unusual Items 


424,082 
14,173 


320,540 
35,000 


229,460 


1,132,030 
(121,337) 


49,862 




NET INCOME 


409,909 


285,540 


229,460 


1,253,367 


49,862 





188 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Pickering 
20,572 


Picton 
2,157 


Plantagenet 
425 


Point Edward 
1,064 


Port Burwell 
421 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
29,679,284 
6,076,033 


$ 
2,536,410 
1,059,712 


$ 
371,830 
169,815 


$ 

865,349 
453,811 


$ 

300,870 
161,293 








23,603,251 

294,196 

1,642,244 

3,091,475 

1,944,283 

63,598 


1,476,698 
321,360 

39,133 
302,530 
115,674 

13,176 


202,015 

45,645 

5,000 

12,570 

85,237 

3,436 

1,410 


411,538 

99,763 

27,500 

37,355 

172,600 

1,055 

3,031 


139,577 

10,668 

7,121 
34,154 
13,065 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


7,035,796 

107,851 

8,076,264 


791,873 

8,651 

1,623,603 


153,298 
260,669 


341,304 

1,778 

2,056,669 


65,008 
130,999 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


38,823,162 


3,900,825 


615,982 


2,811,289 


335,584 




DEBT FROM BORROWINGS 
Debentures and Other Long 

Term Debt 

Less Sinking Fund on 

Debentures 


7,260,608 


339,000 


6,000 


- 


- 


Less Payments due within 
one year 


7,260,608 
870,411 


339,000 
41,000 


6,000 
6,000 


— 


— 


Total 

LIABILITIES 


6,390,197 

4,339,333 

774,379 


298,000 

263,713 
28,154 


66,960 
2,960 


76,096 
4,140 


29,258 
4,022 


Other Liabilities 




Total 

DEFERRED CREDIT 
Contributed Capital 


5,113,712 

10,873,310 
1,291,181 


291,867 

56,905 
12,732 


69,920 

13,685 
2,832 


80,236 

129,129 
26,775 


33,280 

39,934 
5,141 


Less Amortization 


RESERVES 

UTILITY EQUITY 


9,582,129 

9,660,860 
8,076,264 


44,173 

1,643,182 
1,623,603 


10,853 

274,540 
260,669 


102,354 

572,030 
2,056,669 


34,793 

136,512 
130,999 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


38,823,162 


3,900,825 


615,982 


2,811,289 


335,584 



Statements B and C 



189 



Statements for the Year Ended December 31, 1988 



Municipality 


Pickering 

20,572 


Picton 

2,157 


Plantagenet 

425 


Point Edward 
1,064 


Port Burwell 
421 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
8,247,905 
1,473,139 

(60,184) 


$ 
1,444,814 
198,368 


$ 
239,955 
34,585 


$ 
524,264 
47,766 


$ 

133,079 
3,433 


UTILITY EQUITY, END OF YEAR 


9,660,860 


1,643,182 


274,540 


572,030 


136,512 




C. STATEMENT OF OPERATIONS 
REVENUE 

Service Revenue 

Other Operating Revenue 


26,472,991 
726,352 


2,564,240 
63,504 


566,516 
5,965 


2,631,683 
18,258 


298,644 
3,940 


TOTAL REVENUE 


27,199,343 


2,627,744 


572,481 


2,649,941 


302,584 




EXPENSE 


21,941,277 

874,628 
410,510 
863,908 
738,861 
897,020 


2,017,620 

101,807 
81,462 
81,512 
93,264 
49,557 


480,766 

6,075 
17,873 
18,301 
14,248 
633 


2,433,266 

27,550 
48,979 
62,168 
29,835 
377 


229,835 

21,849 
20,546 
13,353 
10,550 
518 






Billing and Collecting 

Administration 

Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


25,726,204 


2,425,222 


537,896 


2,602,175 


296,651 




Income Before Extraordinary/ 


1,473,139 


202,522 
4,154 


34,585 


47,766 


5,933 
2,500 






NET INCOME 


1,473,139 


198,368 


34,585 


47,766 


3,433 





190 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Port Colborne 
8,316 


Port Elgin 
2,607 


Port Hope 
4,190 


Port McNicoll 
955 


Port Stanley 
1,193 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
8,053,385 
4,006,768 


$ 
3,668,739 

1,274,173 


$ 
5,475,281 
2,298,611 


$ 
444,461 
209,901 


$ 
594,080 
240,410 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 

Cash and Bank 

Investments 


4,046,617 

1,192,958 

271,276 

1,085,000 

295,043 

21,021 


2,394,566 

222,305 
495,250 

60,231 
696,760 

69,954 
8,542 


3,176,670 

1,179,293 

85,237 

1,182,607 

153,182 

10,952 


234,560 

48,521 

38,762 

129,882 

14,098 

5,894 


353,670 

41,353 

21,370 

113,771 

17,479 

1,031 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


2,865,298 

27,619 

5,424,297 


1,553,042 

1,642 

1,862,594 


2,611,271 

1,275 

4,994,034 


237,157 
488,892 


195,004 

14,250 

575,826 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


12,363,831 


5,811,844 


10,783,250 


960,609 


1,138,750 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


1,446,619 


179,957 


- 


- 


7,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


1,446,619 
78,129 


179,957 
15,163 


— 


— 


7,000 
3,000 


Total 

LIABILITIES 


1,368,490 

1,004,233 
270,173 


164,794 

523,996 
9,772 


1,012,987 
12,878 


106,933 
5,325 


4,000 

133,237 
3,151 






Total 

DEFERRED CREDIT 
Contributed Capital 


1,274,406 

367,690 
64,761 


533,768 

451,997 
44,689 


1,025,865 

354,743 
81,299 


112,258 

4,438 
908 


136,388 

51,434 
7,460 






RESERVES 

UTILITY EQUITY 


302,929 

3,993,709 
5,424,297 


407,308 

2,843,380 
1,862,594 


273,444 

4,489,907 
4,994,034 


3,530 

355,929 
488,892 


43,974 

378,562 
575,826 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


12,363,831 


5,811,844 


10,783,250 


960,609 


1,138,750 



Statements B and C 



191 



Statements for the Year Ended December 31, 1988 



Municipality 


Port Colborne 
8,316 


Port Elgin 
2,607 


Port Hope 
4,190 


Port McNicoll 
955 


Port Stanley 
1,193 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
3,604,764 
388,945 


$ 
2,739,926 
103,454 


$ 
4,285,136 
247,984 

(43,213) 


$ 
362,774 
(6,845) 


$ 
396,507 
(17,945) 


UTILITY EQUITY, END OF YEAR 


3,993,709 


2,843,380 


4,489,907 


355,929 


378,562 




C. STATEMENT OF OPERATIONS 

REVENUE 


11,363,222 
178,433 


3,766,003 
78,249 


10,457,257 
148,387 


879,486 
19,329 


918,509 
20,744 


Other Operating Revenue 


TOTAL REVENUE 


11,541,655 


3,844,252 


10,605,644 


898,815 


939,253 




EXPENSE 


9,411,833 

569,840 
319,138 
384,198 
298,207 
169,494 


3,368,095 

62,449 
92,241 
94,529 
103,631 
19,853 


9,505,473 

264,034 
197,069 
198,248 
188,201 
540 


800,093 

34,961 
19,146 
34,165 
17,295 


768,773 

68,003 
39,334 
58,695 
21,342 
1,051 


Local Generation 


Billing and Collecting 

Administration 






TOTAL EXPENSE 


11,152,710 


3,740,798 


10,353,565 


905,660 


957,198 




Income Before Extraordinary/ 
Unusual Items 


388,945 


103,454 


252,079 
4,095 


(6,845) 


(17,945) 




NET INCOME 


388,945 


103,454 


247,984 


(6,845) 


(17,945) 





192 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Prescott 

2,208 


Priceville 
113 


Rainy River 

474 


Red Rock 
394 


Renfrew 
3,756 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
1,441,432 
804,127 


$ 

92,342 

41,175 


$ 
349,583 
205,198 


$ 

279,942 
140,811 


$ 

6,338,621 
2,506,223 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 
Cash and Bank 


637,305 

263,101 

143,907 

348,375 

75,323 

3,871 


51,167 

2,272 

2,821 

9,501 

1,428 

100 


144,385 

53,017 

10,228 

59,976 

30,597 

769 


139,131 

68,513 
49,194 
16,278 
41,074 
1,748 
1,403 


3,832,398 

660,690 

158,551 

864,908 

186,161 

13,861 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


834,577 
1,628,782 


16,122 
35,397 


154,587 
284,059 


178,210 
270,464 


1,884,171 

699 

2,173,600 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


3,100,664 


102,686 


583,031 


587,805 


7,890,868 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


- 


- 


- 


111,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


— 


111,000 
46,000 


Total 

LIABILITIES 


242,832 
36,015 


16,318 
90 


52,392 


75,018 
207 


65,000 

500,145 
17,937 






Total 

DEFERRED CREDIT 
Contributed Capital 


278,847 

27,560 
2,867 


16,408 

3,225 
471 


52,392 

3,398 
1,223 


75,225 

962 
126 


518,082 

53,764 
11,593 






RESERVES 

UTILITY EQUITY 


24,693 

1,168,342 
1,628,782 


2,754 

48,127 
35,397 


2,175 

244,405 
284,059 


836 

241,280 
270,464 


42,171 

5,092,015 

2,173,600 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


3,100,664 


102,686 


583,031 


587,805 


7,890,868 



Statements B and C 



193 



Statements for the Year Ended December 31, 1988 



Municipality 


Prescott 
2,208 


Priceville 
113 


Rainy River 

474 


Red Rock 
394 


Renfrew 
3,756 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,103,366 
64,976 


$ 

45,803 
2,324 


$ 
221,312 
23,093 


$ 
182,660 
58,620 


$ 
4,743,669 
348,346 


UTILITY EQUITY, END OF YEAR 


1,168,342 


48,127 


244,405 


241,280 


5,092,015 




C. STATEMENT OF OPERATIONS 

REVENUE 


2,468,034 
91,781 


74,775 
613 


531,327 
9,884 


373,701 
9,508 


4,858,920 
130,114 






TOTAL REVENUE 


2,559,815 


75,388 


541,211 


383,209 


4,989,034 




EXPENSE 


2,185,850 

100,414 
94,932 
67,844 
45,799 


61,974 

2,717 
2,598 
2,078 
3,697 


439,414 

20,474 
28,043 
15,791 
14,3% 


286,348 

29,049 
16,602 
16,565 
11,608 


3,771,129 
165,512 
228,914 
91,142 
166,609 
192,873 
24,509 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


2,494,839 


73,064 


518,118 


360,172 


4,640,688 




Income Before Extraordinary/ 


64,976 


2,324 


23,093 


23,037 
(35,583) 


348,346 


Extraordinary/Unusual Item(s) 




NET INCOME 


64,976 


2,324 


23,093 


58,620 


348,346 





194 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Richmond Hill 
21,529 


Ridgetown 
1,364 


Ripley 
294 


Rockland 
2,217 


Rockwood 

677 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
54,055,270 
11,381,720 


$ 
1,108,623 
556,904 


$ 
176,804 
95,455 


$ 

2,064,276 
625,849 


$ 
832,314 
183,083 


Less: Accumulated Depreciation 




42,673,550 

650 

3,190,053 

2,709,470 

3,274,025 

34,585 


551,719 

240,777 

104,677 
189,824 
41,868 


81,349 

70,040 

20,000 

8,808 

42,526 

7,059 

1,201 


1,438,427 

447,342 
198,600 
315,917 
388,431 
38,217 
7,349 


649,231 

26,771 

19,760 

149,600 

5,675 

2,136 


CURRENT ASSETS 


Investments 




Inventory 

Other 




9,208,783 

238,704 

10,077,986 


577,146 
879,772 


149,634 
100 

227,954 


1,395,856 

17,116 

973,146 


203,942 
293,229 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


62,199,023 


2,008,637 


459,037 


3,824,545 


1,146,402 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


9,406,479 


- 


- 


77,000 


68,600 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


9,406,479 
848,264 


— 


— 


77,000 
8,000 


68,600 
22,236 


Total 

LIABILITIES 


8,558,215 

5,662,215 
592,207 


284,204 
6,456 


37,213 
100 


69,000 

559,316 
35,856 


46,364 

142,497 
6,000 






Total 

DEFERRED CREDIT 
Contributed Capital 


6,254,422 

24,961,924 
2,867,846 


290,660 

16,404 
1,166 


37,313 


595,172 

683,399 
64,819 


148,497 

289,703 
19,235 






RESERVES 

UTILITY EQUITY 


22,094,078 

15,214,322 
10,077,986 


15,238 

822,967 
879,772 


193,770 
227,954 


618,580 

1,568,647 
973,146 


270,468 

387,844 
293,229 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


62,199,023 


2,008,637 


459,037 


3,824,545 


1,146,402 



Statements B and C 



195 



Statements for the Year Ended December 31, 1988 





Richmond Hill 
21,529 


Ridgetown 
1,364 


Ripley 
294 


Rockland 

2,217 


Rockwood 

677 






B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

13,632,972 

1,683,394 

(102,044) 


$ 
809,691 
13,276 


$ 
179,173 
14,597 


$ 
1,258,293 
272,702 

37,652 


$ 
351,5% 
36,248 


UTILITY EQUITY, END OF YEAR 


15,214,322 


822,967 


193,770 


1,568,647 


387,844 




C. STATEMENT OF OPERATIONS 

REVENUE 


29,904,125 
1,166,418 


1,501,582 
43,711 


329,255 
5,192 


3,016,401 
65,545 


807,759 
23,359 


Other Operating Revenue 


TOTAL REVENUE 


31,070,543 


1,545,293 


334,447 


3,081,946 


831,118 




EXPENSE 


24,203,444 

1,580,062 
707,467 
825,773 

1,101,163 
915,901 


1,255,428 

104,258 
48,586 
82,061 
41,481 
203 


291,858 

4,148 
9,023 

7,737 

7,058 

26 


2,469,147 

54,885 
74,582 
154,373 
48,918 
7,339 


707,111 

10,912 
25,710 
22,854 
20,861 
7,422 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


29,333,810 


1,532,017 


319,850 


2,809,244 


794,870 




Income Before Extraordinary/ 


1,736,733 
53,339 


13,276 


14,597 


272,702 


36,248 






NET INCOME 


1,683,394 


13,276 


14,597 


272,702 


36,248 





196 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Rodney 
501 


Rosseau 

172 


Russell 

531 


Sandwich W. 
Twp. 
5,077 


Sarnia 
17,900 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
204,367 
126,645 


$ 
234,264 
72,954 


$ 

407,505 
170,541 


$ 

4,987,499 
1,667,242 


$ 

18,030,952 
9,593,656 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


77,722 

2,692 
7,000 
5,608 
50,077 
12 
1,392 


161,310 

3,804 

25,102 
6,659 
5,414 
1,189 


236,964 

64,837 

40,247 

23,699 

115,538 

3,453 

1,872 


3,320,257 

230,448 
300,000 
87,342 
727,000 
157,804 
6,506 


8,437,296 

1,480,921 

1,456,025 

2,128,776 

764,686 

47,156 


Investments 




Inventory 

Other 




66,781 
267,168 


42,168 
85,793 


249,646 
312,771 


1,509,100 
2,248,692 


5,877,564 

508,145 

22,590,893 


OTHER ASSETS 

EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


411,671 


289,271 


799,381 


7,078,049 


37,413,898 




DEBT FROM BORROWINGS 

Debentures and Other Long 
Term Debt 


- 


16,250 


- 


- 


1,249,426 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


16,250 
2,500 


— 


— 


1,249,426 
177,412 


Total 

LIABILITIES 


42,772 
1,115 


13,750 

18,323 
500 


68,101 
835 


412,005 
21,049 


1,072,014 

2,466,976 
125,600 






Total 

DEFERRED CREDIT 
Contributed Capital 


43,887 

8,862 
2,793 


18,823 

51,149 
2,069 


68,936 

15,788 
4,274 


433,054 

1,474,199 
200,180 


2,592,576 

369,554 
54,213 






RESERVES 

UTILITY EQUITY 


6,069 

94,547 
267,168 


49,080 

121,825 
85,793 


11,514 

406,160 
312,771 


1,274,019 

3,122,284 
2,248,692 


315,341 

10,843,074 
22,590,893 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABHJTIES & EQUITY . 


411,671 


289,271 


799,381 


7,078,049 


37,413,898 



Statements B and C 



197 



Statements for the Year Ended December 31, 1988 



Municipality 


Rodney 

501 


Rosseau 

172 


Russell 
531 


Sandwich W. 
Twp. 

5,077 


Sarnia 
17,900 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

92,065 
3,382 

(900) 


$ 
118,844 
2,981 


$ 
332,670 
73,490 


$ 
2,783,094 
339,190 


$ 
10,159,543 
683,531 


UTILITY EQUITY, END OF YEAR 


94,547 


121,825 


406,160 


3,122,284 


10,843,074 




C. STATEMENT OF OPERATIONS 

REVENUE 


436,546 
7,109 


156,169 
(1,028) 


732,147 
14,632 


4,891,031 
111,556 


26,658,953 
346,253 


Other Operating Revenue 


TOTAL REVENUE 


443,655 


155,141 


746,779 


5,002,587 


27,005,206 




EXPENSE 


387,362 

8,166 
17,364 
21,737 

5,644 


132,136 

4,743 
2,954 
2,542 
7,563 
2,222 


618,602 

14,001 
11,391 
13,710 
15,327 
258 


4,032,450 

323,616 
90,706 
86,933 

127,395 
2,297 


22,495,832 

1,783,413 
552,132 
696,181 
674,9% 
119,121 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


440,273 


152,160 


673,289 


4,663,397 


26,321,675 




Income Before Extraordinary/ 


3,382 


2,981 


73,490 


339,190 


683,531 






NET INCOME 


3,382 


2,981 


73,490 


339,190 


683,531 





198 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Scarborough 
124,008 


Schreiber Twp. 
858 


Scugog 
2,072 


Seaforth 
1,054 


Shelburne 
1,279 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
193,510,856 
64,654,021 


$ 
830,717 
318,472 


$ 
2,126,130 
743,203 


$ 
1,035,583 
403,555 


$ 

1,376,527 
614,063 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


128,856,835 

3,544 
18,576,132 
14,140,559 
19,223,097 
7,806,751 
242,722 


512,245 

45,466 
2,000 

28,062 
229,681 

31,151 
2,868 


1,382,927 

152,377 
120,000 
44,442 
354,000 
79,114 
10,806 


632,028 

32,679 

15,737 

166,100 

21,633 

2,626 


762,464 

177,871 
68,887 
47,006 

225,061 

36,419 

4,339 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


59,992,805 

6,445,163 

97,609,816 


339,228 
590,291 


760,739 
1,125,384 


238,775 

1,932 

778,272 


559,583 
774,006 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


292,904,619 


1,441,764 


3,269,050 


1,651,007 


2,096,053 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


10,961,428 
8,917,794 


- 


- 


74,000 


41,000 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


2,043,634 
80,118 


— 


— 


74,000 
7,000 


41,000 
4,000 


Total 

LIABILITIES 
Current Liabilities 


1,963,516 

21,542,244 
8,520,024 


165,899 
383 


408,623 
50,730 


67,000 

143,687 
3,200 


37,000 

177,732 
53,847 




Total 

DEFERRED CREDIT 
Contributed Capital 


30,062,268 

21,752,419 
3,296,607 


166,282 

36,348 
5,308 


459,353 

285,196 
28,922 


146,887 

16,801 
2,170 


231,579 

93,251 
15,472 






RESERVES 

UTILITY EQUITY 


18,455,812 

144,813,207 
97,609,816 


31,040 

654,151 
590,291 


256,274 

1,428,039 
1,125,384 


14,631 

644,217 
778,272 


77,779 

975,689 
774,006 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


292,904,619 


1,441,764 


3,269,050 


1,651,007 


2,096,053 



Statements B and C 



199 



Statements for the Year Ended December 31, 1988 



Municipality 


Scarborough 
124,008 


Schreiber Twp. 
858 


Scugog 
2,072 


Seaforth 
1,054 


Shelbume 
1,279 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adj ustments 


$ 

133,531,024 

11,664,070 

(381,887) 


$ 
570,759 
83,392 


$ 
1,283,673 
144,366 


$ 
591,498 
52,719 


$ 
914,862 
60,827 


UTILITY EQUITY, END OF YEAR 


144,813,207 


654,151 


1,428,039 


644,217 


975,689 




C. STATEMENT OF OPERATIONS 

REVENUE 


223,579,241 
5,513,775 


1,245,630 
19,308 


2,391,898 
49,613 


1,161,138 
26,475 


1,575,886 
46,055 


Other Operating Revenue 


TOTAL REVENUE 


229,093,016 


1,264,938 


2,441,511 


1,187,613 


1,621,941 




EXPENSE 


193,266,059 

9,206,178 
4,164,782 
4,076,859 
6,377,235 
337,833 


1,058,584 

30,940 
33,347 
25,390 
32,979 
306 


2,041,039 

49,497 
55,972 
92,150 
58,487 


917,992 

72,586 
31,415 
66,674 
38,443 
7,784 


1,361,837 

52,913 
39,978 
50,070 
50,2% 
6,020 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


217,428,946 


1,181,546 


2,297,145 


1,134,894 


1,561,114 




Income Before Extraordinary/ 
Unusual Items 


11,664,070 


83,392 


144,366 


52,719 


60,827 




NET INCOME 


11,664,070 


83,392 


144,366 


52,719 


60,827 





200 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Simcoe 
6,293 


Sioux Lookout 
1,406 


Smiths Falls 
4,303 


South 
Dumfries 

467 


South River 
539 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
7,637,214 
2,905,032 


$ 
2,314,357 
732,224 


$ 
4,459,591 
2,035,648 


$ 
426,775 
153,870 


$ 
432,246 
245,333 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


4,732,182 

862,647 

422,014 

671,000 

500,011 

8,421 


1,582,133 

22,652 

68,820 

412,661 

62,877 

6,228 


2,423,943 

1,064,631 

434,640 

547,610 

172,515 

12,745 


272,905 

65 
25,741 
33,711 
86,000 
33,479 
1,799 


186,913 
55,811 

9,263 

75,514 
58 


Investments 


Unbilled Revenue 

Inventory 

Other 




2,464,093 
5,076,850 


573,238 
922,238 


2,232,141 

2,066 

3,610,775 


180,795 
314,580 


140,646 
261,525 


OTHER ASSETS 

EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


12,273,125 


3,077,609 


8,268,925 


768,280 


589,084 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


302,694 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


302,694 
50,856 


— 


— 


— 


Total 

LIABILITIES 
Current Liabilities 


1,130,294 
131,117 


251,838 

357,726 
21,597 


724,842 
48,680 


92,492 
780 


55,652 
3,881 




Total 

DEFERRED CREDIT 
Contributed Capital 


1,261,411 

423,546 
49,158 


379,323 

590,761 
65,171 


773,522 

145,083 
12,813 


93,272 

104,997 
15,739 


59,533 

25,190 
2,293 




RESERVES 

UTILITY EQUITY 


374,388 

5,560,476 
5,076,850 


525,590 

998,620 
922,238 


132,270 

3,752,358 
3,610,775 


89,258 

271,170 
314,580 


22,897 

245,129 
261,525 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


12,273,125 


3,077,609 


8,268,925 


768,280 


589,084 



Statements B and C 



201 



Statements for the Year Ended December 31, 1988 



Municipality 


Simcoe 
6,293 


Sioux Lookout 
1,406 


Smiths Falls 
4,303 


South 

Dumfries 

467 


South River 
539 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
5,323,388 
237,088 


$ 
854,081 
144,539 


$ 
3,277,058 
475,300 


$ 
250,399 
20,771 


$ 
265,643 
(20,514) 


UTILITY EQUITY, END OF YEAR 


5,560,476 


998,620 


3,752,358 


271,170 


245,129 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


9,245,852 
393,947 


2,217,056 
41,196 


5,927,240 
184,382 


623,911 
10,717 


548,577 
7,335 


TOTAL REVENUE 


9,639,799 


2,258,252 


6,111,622 


634,628 


555,912 




EXPENSE 
Power Purchased 


8,215,351 

428,953 
323,487 
175,471 
256,065 
3,384 


1,753,155 

101,416 
67,858 
78,258 
63,571 
49,455 


4,991,783 

144,844 
160,129 
170,810 
162,419 
2,772 


548,716 

20,542 
12,389 
19,683 
12,480 

47 


491,532 

14,936 
28,940 
13,049 
16,501 




Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


9,402,711 


2,113,713 


5,632,757 


613,857 


564,958 




Income Before Extraordinary/ 


237,088 


144,539 


478,865 
3,565 


20,771 


(9,046) 
11,468 






NET INCOME 


237,088 


144,539 


475,300 


20,771 


(20,514) 





202 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


South W. 

Oxford 

366 


Southampton 
1,878 


Springfield 
219 


St. Catharines 
46,869 


St. Clair 
Beach 
1,164 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
335,866 
161,887 


$ 
1,807,716 
710,835 


$ 

73,150 

33,234 


$ 
62,962,523 
19,826,657 


$ 

1,621,372 
516,414 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


173,979 

105,937 

50,000 

6,790 

98,696 

1,498 


1,096,881 

151,480 

66,012 

316,973 

55,932 

5,739 


39,916 

14,859 

3,337 
21,655 

1,012 


43,135,866 

2,744,963 
1,500,912 
7,470,105 
2,873,868 
2,036,589 
100,873 


1,104,958 

199,097 

41,540 

210,100 

8,922 

2,479 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


262,921 
878,097 


596,136 

10,410 

1,003,406 


40,863 
125,466 


16,727,310 

324,561 

48,441,176 


462,138 
511,004 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,314,997 


2,706,833 


206,245 


108,628,913 


2,078,100 




DEBT FROM BORROWINGS 
Debentures and Other Long 


10,000 


125,000 


2,500 


9,529,966 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


10,000 
2,000 


125,000 
10,000 


2,500 
2,500 


9,529,966 

442,834 


— 


Total 

LIABILITIES 


8,000 

86,946 
1,100 


115,000 

237,357 
10,410 


27,004 
1,435 


9,087,132 

8,641,628 
698,726 


92,973 
4,680 






Total 

DEFERRED CREDIT 
Contributed Capital 


88,046 

3,742 
650 


247,767 

47,536 
10,702 


28,439 

5,238 
436 


9,340,354 

2,031,716 
242,245 


97,653 

458,452 
56,810 






RESERVES 

UTILITY EQUITY 


3,092 

337,762 
878,097 


36,834 

1,303,826 
1,003,406 


4,802 

47,538 
125,466 


1,789,471 

39,970,780 
48,441,176 


401,642 

1,067,801 
511,004 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,314,997 


2,706,833 


206,245 


108,628,913 


2,078,100 



Statements B and C 



203 



Statements for the Year Ended December 31, 1988 



Municipality 


South W. 

Oxford 

366 


Southampton 
1,878 


Springfield 
219 


St. Catharines 
46,869 


St. Clair 
Beach 
1,164 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
319,058 
18,704 


$ 
1,231,428 
72,398 


$ 

36,228 

11,310 


$ 

36,329,844 

3,640,936 


$ 
994,633 
73,168 


UTILITY EQUITY, END OF YEAR 


337,762 


1,303,826 


47,538 


39,970,780 


1,067,801 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,023,065 
13,066 


1,887,664 
38,650 


195,807 
3,293 


87,951,242 
1,038,286 


1,249,724 
20,365 


Other Operating Revenue 


TOTAL REVENUE 


1,036,131 


1,926,314 


199,100 


88,989,528 


1,270,089 




EXPENSE 


953,813 

9,646 
21,332 
21,712 

9,795 

1,129 


1,620,770 

65,577 
46,890 
47,578 
58,313 
14,788 


171,829 

2,944 
5,491 
4,696 
2,544 
286 


78,540,878 

2,845,752 
1,014,435 
1,048,315 
1,834,163 
65,049 


1,082,355 

27,1% 
21,610 
25,780 
39,980 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,017,427 


1,853,916 


187,790 


85,348,592 


1,196,921 




Income Before Extraordinary/ 


18,704 


72,398 


11,310 


3,640,936 


73,168 






NET INCOME 


18,704 


72,398 


11,310 


3,640,936 


73,168 





204 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


St. Marys 
2,251 


St. Thomas 
11,356 


Stayner 
1,500 


Stirling 
836 


Stoney Creek 
15,270 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
2,644,851 
1,219,284 


$ 
10,485,436 
5,077,194 


$ 
1,449,527 
430,901 


$ 
737,295 
291,389 


$ 
21,688,667 
6,365,398 








1,425,567 

227,157 

375,098 

208,000 

59,744 

4,360 


5,408,242 

374,640 
300,000 
1,380,288 
819,485 
561,119 
9,785 


1,018,626 

3,339 

42,673 

209,841 

40,832 

6,829 


445,906 

164,570 

52,605 

157,945 

4,403 

2,100 


15,323.269 

1,743,288 

1,811,105 

1,145,282 

1,080,074 

30,425 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


874,359 
2,092,814 


3,445,317 

424,271 

9,289,897 


303,514 

1,905 

627,866 


381,623 
513,830 


5,810,174 
9,071,435 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


4,392,740 


18,567,727 


1,951,911 


1,341,359 


30,204,878 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


80,000 


192,200 


146,000 


- 


4,900,679 

325,240 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


80,000 
8,000 


192,200 
13,269 


146,000 
17,500 


— 


4,575,439 
227,986 


Total 

LIABILITIES 


72,000 

347,572 
9,956 


178,931 

1,468,239 
259,125 


128,500 

173,030 
8,435 


137,355 
4,999 


4,347,453 

2,432,904 
981,420 






Total 

DEFERRED CREDIT 
Contributed Capital 


357,528 

132,698 
12,618 


1,727,364 

518,097 
44,679 


181,465 

88,466 
7,496 


142,354 

30,792 
4,866 


3,414,324 

3,602,384 
373,916 






RESERVES 

UTILITY EQUITY 


120,080 

1,750,318 
2,092,814 


473,418 

6,898,117 
9,289,897 


80,970 

933,110 
627,866 


25,926 

659,249 
513,830 


3,228,468 

10,143,198 
9,071,435 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABmiTIES & EQUITY . 


4,392,740 


18,567,727 


1,951,911 


1,341,359 


30,204,878 



Statements B and C 



205 



Statements for the Year Ended December 31, 1988 



Municipality 


St. Marys 
2,251 


St. Thomas 
11,356 


Stayner 
1,500 


Stirling 
836 


Stoney Creek 
15,270 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
1,609,823 
140,495 


$ 
6,098,047 
800,070 


$ 
823,891 
109,219 


$ 
648,776 
40,054 

(29,581) 


$ 
8,813,685 
1,329,513 


UTILITY EQUITY, END OF YEAR 


1,750,318 


6,898,117 


933,110 


659,249 


10,143,198 




C. STATEMENT OF OPERATIONS 

REVENUE 


2,909,158 
78,410 


16,368,972 
227,836 


1,396,203 
21,550 


936,658 
21,413 


21,336,856 
521,332 


Other Operating Revenue 


TOTAL REVENUE 


2,987,568 


16,596,808 


1,417,753 


958,071 


21,858,188 




EXPENSE 


2,389,170 

168,657 
71,236 
96,315 

110,696 
10,999 


13,787,232 

1,028,682 

239,175 

341,641 

367,591 

32,417 


1,151,668 

47,127 
27,308 
19,150 
51,119 
12,162 


822,011 

20,876 
18,361 
30,311 
26,458 


17,872,792 

661,997 
440,675 
415,168 
641,502 
496,541 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


2,847,073 


15,796,738 


1,308,534 


918,017 


20,528,675 




Income Before Extraordinary/ 
Unusual Items 


140,495 


800,070 


109,219 


40,054 


1,329,513 




NET INCOME 


140,495 


800,070 


109,219 


40,054 


1,329,513 





206 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Stratford 
10,686 


Strathroy 
3,713 


Sturgeon Falls 
2,442 


Sudbury 
36,988 


Sundridge 
476 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
21,065,350 
6,770,108 


$ 
3,921,270 
1,629,082 


$ 
2,174,917 
884,198 


$ 
54,778,947 
20,934,320 


$ 

518,194 
181,572 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


14,295,242 

568,180 

1,367,769 

1,347,710 

1,440,513 

20,732 


2,292,188 

28,189 

162,500 

767,200 

154,718 

7,361 


1,290,719 

164,562 

40,693 

473,068 

37,450 

1,690 


33,844,627 

6,413,971 
1,895,163 
5,103,000 
1,549,605 
40,681 


336,622 

34,327 
10,000 
10,967 
85,366 
19,192 
1,279 


Investments 


Unbilled Revenue 

Inventory 

Other 




4,744,904 

129,223 

10,609,041 


1,119,968 
2,509,475 


717,463 

62,149 

1,455,011 


15,002,420 

384,058 

22,416,813 


161,131 

2,150 

280,656 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


29,778,410 


5,921,631 


3,525,342 


71,647,918 


780,559 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


420,021 


42,000 


13,500 


10,652,745 


- 


Less Sinking Fund on 

Debentures 


Less Payments due within 
one year 


420,021 
56,410 


42,000 
4,000 


13,500 
3,500 


10,652,745 
1,106,592 


— 


Total 

LIABILITIES 


363,611 

2,167,120 
14,846 


38,000 

594,584 
30,364 


10,000 

421,499 
128,414 


9,546,153 

6,916,090 
600,691 


71,294 
5,527 






Total 

DEFERRED CREDIT 
Contributed Capital 

Subject to Amortization 

Less Amortization 


2,181,966 

628,766 
70,296 


624,948 

180,678 
20,365 


549,913 

14,500 
2,900 


7,516,781 

3,789,044 
339,836 


76,821 

94,160 
16,012 


RESERVES 

UTILITY EQUITY 


558,470 

16,065,322 
10,609,041 


160,313 

2,588,895 
2,509,475 


11,600 

1,498,818 
1,455,011 


3,449,208 

28,718,963 
22,416,813 


78,148 

344,934 
280,656 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


29,778,410 


5,921,631 


3,525,342 


71,647,918 


780,559 



Statements B and C 



207 



Statements for the Year Ended December 31, 1988 



Municipality 


Stratford 
10,686 


Strathroy 
3,713 


Sturgeon Falls 
2,442 


Sudbury 
36,988 


Sundridge 

476 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

14,608,508 

1,456,814 


$ 
2,451,464 
137,431 


$ 
1,500,996 
104,435 

(106,613) 


$ 
24,922,228 
3,779,332 

17,403 


$ 
331,357 
13,577 


UTILITY EQUITY, END OF YEAR 


16,065,322 


2,588,895 


1,498,818 


28,718,963 


344,934 




C. STATEMENT OF OPERATIONS 

REVENUE 


18,456,990 
439,406 


5,152,242 
103,817 


2,950,581 
62,956 


48,349,722 
1,300,942 


605,872 
5,305 






TOTAL REVENUE 


18,896,396 


5,256,059 


3,013,537 


49,650,664 


611,177 




EXPENSE 


15,097,797 

927,912 
160,924 
390,549 
802,685 
59,715 


4,431,209 

261,191 
95,270 
194,905 
131,025 
5,028 


2,564,117 

145,061 
62,689 
42,188 
88,215 
3,083 


37,116,725 

1,904,022 
1,160,857 
2,329,825 
1,941,960 
1,417,943 


539,820 

8,390 
19,509 
13,256 
16,603 

22 






Billing and Collecting 

Administration 






TOTAL EXPENSE 


17,439,582 


5,118,628 


2,905,353 


45,871,332 


597,600 




Income Before Extraordinary/ 


1,456,814 


137,431 


108,184 
3,749 


3,779,332 


13,577 






NET INCOME 


1,456,814 


137,431 


104,435 


3,779,332 


13,577 





208 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Tara 

384 


Tecumseh 
3,083 


Teeswater 

481 


Terrace Bay 
Twp. 
940 


Thamesville 

451 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
295,705 
117,246 


$ 
4,192,471 
1,326,128 


$ 
363,123 
156,487 


$ 
987,132 
437,086 


$ 
226,757 
93,305 


Less: Accumulated Depreciation 




178,459 

73,238 
12,500 
14,253 
64,864 
3,663 
403 


2,866,343 

478,293 

103,797 

353,000 

94,296 

4,485 


206,636 

36,892 

6,912 

108,825 

3,684 

2,015 


550,046 

213,740 

76,386 

250,201 

30,734 

2,880 


133,452 

30,836 

7,171 

16,034 

51,800 

2,202 

1,714 


CURRENT ASSETS 


Investments 

Accounts Receivable 

Unbilled Revenue 

Inventory 

Other 




168,921 
281,708 


1,033,871 
1,323,918 


158,328 
395,829 


573,941 
717,361 


109,757 
355,404 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


629,088 


5,224,132 


760,793 


1,841,348 


598,613 




DEBT FROM BORROWINGS 
Debentures and Other Long 


- 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


— 


— 


— 


Total 

LIABILITIES 


55,260 
1,225 


422,964 
12,090 


56,762 
980 


237,219 


39,993 
3,719 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


56,485 

42,687 
8,464 


435,054 

1,576,525 
165,989 


57,742 

2,941 
189 


237,219 

10,365 
2,667 


43,712 

18,940 
5,812 




RESERVES 

UTILITY EQUITY 


34,223 

256,672 
281,708 


1,410,536 

2,054,624 
1,323,918 


2,752 

304,470 
395,829 


7,698 

879,070 
717,361 


13,128 

186,369 
355,404 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


629,088 


5,224,132 


760,793 


1,841,348 


598,613 



■ 



Statements B and C 



209 



Statements for the Year Ended December 31, 1988 





Tara 

384 


Tecumseh 
3,083 


Teeswater 
481 


Terrace Bay 
Twp. 
940 


Thamesville 
451 






B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
210,266 
46,406 


$ 
1,985,270 
69,354 


$ 
288,785 
15,685 


$ 
810,775 
68,295 


$ 
162,959 
23,410 


UTILITY EQUITY, END OF YEAR 


256,672 


2,054,624 


304,470 


879,070 


186,369 




C. STATEMENT OF OPERATIONS 

REVENUE 


488,462 
4,796 


3,144,822 
98,638 


612,883 
3,932 


1,420,558 
29,770 


483,860 
17,946 


Other Operating Revenue 


TOTAL REVENUE 


493,258 


3,243,460 


616,815 


1,450,328 


501,806 




EXPENSE 


417,772 

4,427 
9,255 
6,027 
9,336 

35 


2,793,247 

154,034 
63,662 
75,892 
87,271 


557,145 

6,358 
15,364 

7,872 

14,338 

53 


1,253,738 

34,564 
29,445 
22,532 
41,754 


430,444 

10,450 
9,616 

22,936 
4,950 




Operation and Maintenance 

Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


446,852 


3,174,106 


601,130 


1,382,033 


478,396 




Income Before Extraordinary/ 
Unusual Items 


46,406 


69,354 


15,685 


68,295 


23,410 




NET INCOME 


46,406 


69,354 


15,685 


68,295 


23,410 





210 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Thedford 

341 


Thessalon 
671 


Thornbury 
1,050 


Thorndale 
162 


Thornton 
215 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
265,260 
136,844 


$ 
555,866 
297,118 


$ 
1,117,344 
378,144 


$ 

84,709 

33,019 


$ 
134,363 
63,636 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


128,416 

64,772 
15,000 
12,112 
37,500 

1,739 


258,748 

164,208 

32,455 

129,198 

21,729 

647 


739,200 

61,605 

57,375 
162,411 
55,872 
27,399 


51,690 

41,963 

948 
23,600 


70,727 

27,895 

3,664 

59,390 

8,068 

1,469 


Investments 




Inventory 

Other 




131,123 
234,482 


348,237 

4,930 

411,860 


364,662 

3,232 

485,048 


66,511 
114,439 


100,486 
117,502 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


494,021 


1,023,775 


1,592,142 


232,640 


288,715 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


- 


63,000 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


— 


63,000 
5,000 


— 


— 


Total 

LIABILITIES 


39,761 
1,156 


109,146 
5,979 


58,000 

155,133 
3,025 


28,373 
575 


34,954 






Total 

DEFERRED CREDIT 
Contributed Capital 


40,917 

4,601 
511 


115,125 

9,368 
1,651 


158,158 

202,184 
29,337 


28,948 

1,205 
226 


34,954 

30,108 
4,962 






RESERVES 

UTILITY EQUITY 


4,090 

214,532 
234,482 


7,717 

489,073 
411,860 


172,847 

718,089 
485,048 


979 

88,274 
114,439 


25,146 

111,113 
117,502 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


494,021 


1,023,775 


1,592,142 


232,640 


288,715 



Statements B and C 



211 



Statements for the Year Ended December 31, 1988 



Municipality 


Thedford 
341 


Thessalon 
671 


Thombury 
1,050 


Thomdale 
162 


Thornton 

215 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
197,218 
17,314 


$ 
363,714 
125,359 


$ 
646,963 
71,126 


$ 

72,545 

15,729 


$ 
106,687 
4,426 


UTILITY EQUITY, END OF YEAR 


214,532 


489,073 


718,089 


88,274 


111,113 




C. STATEMENT OF OPERATIONS 

REVENUE 


378,428 
9,534 


953,567 
15,443 


1,107,335 
16,639 


172,285 
2,478 


252,569 
4,895 


Other Operating Revenue 


TOTAL REVENUE 


387,962 


969,010 


1,123,974 


174,763 


257,464 




EXPENSE 


328,521 

5,714 
15,761 

9,764 
10,888 


767,304 

28,275 
35,495 
26,015 
18,938 


893,520 

54,873 
39,307 
22,134 
33,486 
9,528 


144,159 

3,301 
5,344 
2,937 
3,293 


231,810 

3,402 
8,198 
5,214 
4,330 
84 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


370,648 


876,027 


1,052,848 


159,034 


253,038 




Income Before Extraordinary/ 
Unusual Items 


17,314 


92,983 
(32,376) 


71,126 


15,729 


4,426 




NET INCOME 


17,314 


125,359 


71,126 


15,729 


4,426 





212 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Thorold 
6,872 


Thunder Bay 
44,5% 


Tilbury 

1,732 


Tillsonburg 
4,536 


Toronto 

214,970 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
6,832,836 
3,071,128 


$ 
60,762,324 
22,233,799 


$ 
1,823,600 
764,671 


$ 
6,320,815 
2,295,180 


$ 
441,698,225 
175,827,479 


Less: Accumulated Depreciation 




3,761,708 

320,111 

793,306 
396,589 
290,200 
20,298 


38,528,525 

2,743,075 
1,760,838 
3,725,779 
5,038,236 
1,766,025 
82,535 


1,058,929 

225,382 

150,000 

32,146 

397,100 

66,574 

12,485 


4,025,635 

878,610 
250,000 
773,275 
378,987 
422,205 
4,542 


265,870,746 

9,800 
26,500,000 
46,487,072 
19,878,000 
17,398,189 
545,174 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 

OTHER ASSETS 

EQUITY IN ONTARIO HYDRO 


1,820,504 

34,139 

4,759,965 


15,116,488 

924,730 

46,984,027 


883,687 
1,517,124 


2,707,619 

3,058 

3,705,513 


110,818,235 

5,577,388 

311,281,106 




TOTAL ASSETS 


10,376,316 


101,553,770 


3,459,740 


10,441,825 


693,547,475 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


1,940,229 


2,443,042 


- 


415,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


1,940,229 
85,212 


2,443,042 
305,266 


— 


415,000 
39,000 


— 


Total 

LIABILITIES 
Current Liabilities 


1,855,017 

813,757 
183,659 


2,137,776 
6,518,705 


302,965 
99,231 


376,000 

943,557 
48,949 


53,289,801 
18,355,479 




Total 

DEFERRED CREDIT 
Contributed Capital 


997,416 

254,998 
10,198 


6,518,705 

4,638,984 
562,411 


402,196 

65,652 
5,259 


992,506 

637,661 
67,408 


71,645,280 

3,245,406 
382,946 






RESERVES 

UTILITY EQUITY 


244,800 

2,519,118 
4,759,965 


4,076,573 

41,836,689 
46,984,027 


60,393 

1,480,027 
1,517,124 


570,253 

4,797,553 
3,705,513 


2,862,460 

307,758,629 
311,281,106 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


10,376,316 


101,553,770 


3,459,740 


10,441,825 


693,547,475 



Statements B and C 



213 



Statements for the Year Ended December 31, 1988 



Municipality 


Thorold 
6,872 


Thunder Bay 

44,596 


Tilbury 

1,732 


Tillsonburg 
4,536 


Toronto 

214,970 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
2,152,195 
366,923 


$ 
40,012,982 

2,473,265 

(649,558) 


$ 
1,494,829 
(14,802) 


$ 
4,290,179 

507,374 


$ 
279,131,776 

27,727,967 

898,886 


UTILITY EQUITY, END OF YEAR 


2,519,118 


41,836,689 


1,480,027 


4,797,553 


307,758,629 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


8,584,636 
112,567 


58,981,129 
1,990,073 


3,321,002 
58,979 


8,036,886 
252,014 


498,319,234 
12,858,170 


TOTAL REVENUE 


8,697,203 


60,971,202 


3,379,981 


8,288,900 


511,177,404 




EXPENSE 


6,950,944 

364,214 
260,222 
275,651 
270,136 
209,113 


49,637,541 

3,218,726 
1,590,103 
1,554,255 
2,222,995 
274,317 


3,092,232 

106,888 
38,412 
92,608 
58,750 
3,069 


6,950,663 

303,266 
101,119 
133,195 
211,451 
81,832 


404,350,283 

37,042,101 
6,469,419 
19,862,338 
15,336,262 
389,034 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


8,330,280 


58,497,937 


3,391,959 


7,781,526 


483,449,437 




Income Before Extraordinary/ 


366,923 


2,473,265 


(11,978) 
2,824 


507,374 


27,727,967 






NET INCOME 


366,923 


2,473,265 


(14,802) 


507,374 


27,727,967 





214 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Tottenham 
1,129 


Trenton 

6,217 


Tweed 
833 


Uxbridge 
1,382 


Vankleek Hill 
867 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
1,015,085 
303,645 


$ 
9,234,065 
3,433,482 


$ 
811,390 
349,258 


$ 
1,373,830 
583,637 


$ 
694,797 
328,439 


Less: Accumulated Depreciation 




711,440 

443,254 

72,650 

254,066 

8,870 

503 


5,800,583 

548,0% 
799,334 
673,053 
1,719,936 
395,019 


462,132 

170,770 

15,514 

146,400 

9,795 

1,561 


790,193 

207,205 
53,527 
21,517 

261,129 

81,554 

2,559 


366,358 

101,017 

4,486 

257,148 

4,330 

2,230 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 




779,343 

289 

518,620 


4,135,438 

34,040 

6,993,648 


344,040 
609,821 


627,491 
1,020,263 


369,211 
449,323 


OTHER ASSETS 

EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


2,009,692 


16,963,709 


1,415,993 


2,437,947 


1,184,892 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


25,000 


- 


- 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


25,000 
8,000 


— 


— 


— 


— 


Total 

LIABILITIES 


17,000 

521,280 
9,050 


1,891,369 
150,827 


103,855 
5,905 


151,822 
23,392 


146,257 
14,199 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


530,330 

221,919 
10,941 


2,042,196 

1,393,564 
152,357 


109,760 

105,074 
20,966 


175,214 

163,406 
20,015 


160,456 

14,608 
2,933 




RESERVES 

UTILITY EQUITY 


210,978 

732,764 
518,620 


1,241,207 

6,686,658 
6,993,648 


84,108 

612,304 
609,821 


143,391 

1,099,079 
1,020,263 


11,675 

563,438 
449,323 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


2,009,692 


16,963,709 


1,415,993 


2,437,947 


1,184,892 



Statements B and C 



215 



Statements for the Year Ended December 31, 1988 



Municipality 


Tottenham 
1,129 


Trenton 
6,217 


Tweed 
833 


Uxbridge 
1,382 


Vankleek Hill 
867 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
605,672 
127,092 


$ 
6,138,662 
547,996 


$ 
600,989 
11,315 


$ 
984,198 
114,881 


$ 
514,920 
48,518 


UTILITY EQUITY, END OF YEAR 


732,764 


6,686,658 


612,304 


1,099,079 


563,438 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,779,525 
19,427 


13,843,554 
302,551 


929,013 
26,470 


1,717,168 
60,171 


1,062,420 
11,343 


Other Operating Revenue 


TOTAL REVENUE 


1,798,952 


14,146,105 


955,483 


1,777,339 


1,073,763 




EXPENSE 


1,488,834 

67,011 
29,287 
52,251 
31,394 
3,083 


12,691,687 

275,123 
111,758 
253,471 
260,328 
5,742 


866,099 

15,146 
28,373 
20,155 
27,366 
414 


1,447,439 

70,982 
39,833 
61,885 
42,319 


928,530 

17,340 
28,575 
23,033 
26,683 
1,084 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


1,671,860 


13,598,109 


957,553 


1,662,458 


1,025,245 




Income Before Extraordinary/ 


127,092 


547,996 


(2,070) 
(13,385) 


114,881 


48,518 






NET INCOME 


127,092 


547,996 


11,315 


114,881 


48,518 





216 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Vaughan 
32,430 


Victoria 

Harbour 

665 


Walkerton 
2,068 


Wallaceburg 
4,665 


Wardsville 
198 




A. BALANCE SHEET 
FIXED ASSETS 


$ 
87,335,911 
15,936,807 


$ 
532,164 
227,185 . 


$ 
1,897,096 
831,968 


$ 
6,962,252 
2,829,436 


$ 

98,646 

64,611 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


71,399,104 

826,011 
2,978,580 
5,244,782 
3,793,001 
4,676,994 

186,272 


304,979 

60 

37,598 

111,093 

13,791 

3,331 


1,065,128 

165,824 

458,781 

113,978 

144,322 

8,694 


4,132,816 

101,295 

1,163,279 

195,147 

312,598 

16,185 


34,035 

28,253 

4,422 
21,200 


Investments 




Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


17,705,640 
59,961 

14,757,545 


165,873 
294,024 


891,599 

6,000 

1,839,620 


1,788,504 
6,166,903 


53,875 

1,175 

105,712 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


103,922,250 


764,876 


3,802,347 


12,088,223 


194,797 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


5,394,000 


- 


- 


307,881 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


5,394,000 
882,400 


— 


— 


307,881 
64,316 


— 


Total 

LIABILITIES 


4,511,600 

8,151,350 
2,978,764 


98,614 
6,150 


304,339 

28,445 


243,565 

973,394 
96,862 


14,999 
2,065 






Total 

DEFERRED CREDIT 
Contributed Capital 


11,130,114 

54,899,627 
6,021,908 


104,764 

204,131 
47,121 


332,784 

23,451 
3,561 


1,070,256 

215,698 
17,865 


17,064 

3,102 

475 






RESERVES 

UTILITY EQUITY 


48,877,719 

24,645,272 
14,757,545 


157,010 

209,078 
294,024 


19,890 

1,610,053 
1,839,620 


197,833 

4,409,666 
6,166,903 


2,627 

69,394 
105,712 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


103,922,250 


764,876 


3,802,347 


12,088,223 


194,797 



Statements B and C 



111 



Statements for the Year Ended December 31, 1988 





Vaughan 
32,430 


Victoria 

Harbour 

665 


Walkerton 
2,068 


Wallaceburg 
4,665 


Wardsville 
198 






B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 

20,022,620 

4,654,652 

(32,000) 


$ 
186,843 
22,235 


$ 
1,494,056 
115,909 

88 


$ 
4,352,864 
56,802 


$ 

63,467 
5,927 


UTILITY EQUITY, END OF YEAR 


24,645,272 


209,078 


1,610,053 


4,409,666 


69,394 




C. STATEMENT OF OPERATIONS 

REVENUE 


61,742,274 
1,070,419 


647,118 
20,115 


3,003,322 
71,770 


10,903,941 
167,545 


166,214 
1,049 






TOTAL REVENUE 


62,812,693 


667,233 


3,075,092 


11,071,486 


167,263 




EXPENSE 


52,224,241 

2,003,938 
1,282,676 

731,642 
1,335,430 

580,114 


546,178 

35,164 
25,682 
24,416 
12,946 
612 


2,693,733 

85,517 
73,557 
82,784 
81,574 
1,742 


9,594,583 

511,810 
200,571 
378,148 
278,232 
51,340 


145,292 

2,726 
4,147 
5,139 
4,032 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


58,158,041 


644,998 


3,018,907 


11,014,684 


161,336 


Income Before Extraordinary/ 
Unusual Items 


4,654,652 


22,235 


56,185 
(59,724) 


56,802 


5,927 




NET INCOME 


4,654,652 


22,235 


115,909 


56,802 


5,927 





218 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Warkworth 
322 


Wasaga Beach 
5,908 


Waterloo 

North 
30,770 


Watford 

678 


Waubaushene 
508 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
360,631 
146,070 


$ 
5,136,293 
2,249,684 


$ 
56,293,449 
17,380,661 


$ 
587,517 
283,463 


$ 
330,427 
115,251 


Less: Accumulated Depreciation 




214,561 

20,995 

6,589 

51,148 

3,718 

1,232 


2,886,609 

246,049 
218,615 
361,819 
574,604 
176,866 
29,560 


38,912,788 

2,829,370 
1,000,000 
3,726,530 
4,835,000 
2,146,184 
66,462 


304,054 

212,276 

18,648 

73,300 

5,550 

1,899 


215,176 

44,828 

11,902 

76,035 

4,418 

2,801 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


83,682 
177,555 


1,607,513 

39,558 

2,092,602 


14,603,546 

96,286 

22,683,261 


311,673 
535,298 


139,984 

830 

203,353 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


475,798 


6,626,282 


76,295,881 


1,151,025 


559,343 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


- 


91,000 


6,884,163 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


— 


91,000 
6,000 


6,884,163 
370,354 


— 


— 


Total 

LIABILITIES 


35,924 
4,055 


85,000 

574,763 
16,135 


6,513,809 

6,455,578 
999,249 


91,758 
7,776 


57,942 
120 






Total 

DEFERRED CREDIT 
Contributed Capital 


39,979 

34,868 
6,038 


590,898 

1,164,540 
176,653 


7,454,827 

5,580,123 
683,991 


99,534 

7,109 
598 


58,062 

20,579 
3,470 






RESERVES 

UTILITY EQUITY 


28,830 

229,434 
177,555 


987,887 

2,869,895 
2,092,602 


4,896,132 

34,747,852 
22,683,261 


6,511 

509,682 
535,298 


17,109 

280,819 
203,353 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABILITIES & EQUITY . 


475,798 


6,626,282 


76,295,881 


1,151,025 


559,343 



Statements B and C 



219 



Statements for the Year Ended December 31, 1988 



Municipality 


Warkworth 

322 


Wasaga Beach 
5,908 


Waterloo 
North 
30,770 


Watford 
678 


Waubaushene 
508 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
201,086 
28,348 


$ 
2,470,944 
398,951 


$ 

31,322,089 

3,425,763 


$ 
451,178 
58,504 


$ 
262,954 
17,865 


UTILITY EQUITY, END OF YEAR 


229,434 


2,869,895 


34,747,852 


509,682 


280,819 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


374,114 
6,753 


4,670,401 
166,004 


52,109,388 
1,297,244 


766,338 
26,023 


421,570 
9,597 


TOTAL REVENUE 


380,867 


4,836,405 


53,406,632 


792,361 


431,167 




EXPENSE 


305,658 

6,518 
16,803 
10,346 
13,186 
8 


3,798,883 

176,898 
124,632 
168,602 
157,831 
10,608 


43,474,479 

2,194,475 
1,050,443 

853,497 
1,746,364 

661,611 


616,001 

41,757 
23,789 
30,744 
21,566 


356,693 

9,794 
14,999 
19,965 
11,851 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


352,519 


4,437,454 


49,980,869 


733,857 


413,302 




Income Before Extraordinary/ 
Unusual Items 


28,348 


398,951 


3,425,763 


58,504 


17,865 




NET INCOME 


28,348 


398,951 


3,425,763 


58,504 


17,865 





220 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Webbwood 
212 


Welland 
17,913 


Wellington 
637 


West Lincoln 
581 


West Lome 
597 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
220,010 
91,697 


$ 
18,535,547 
8,144,298 


$ 
379,226 
184,159 


$ 
393,510 
173,976 


$ 

601,660 
277,106 


Less: Accumulated Depreciation 




128,313 

6,851 

5,482 

37,934 

5,410 


10,391,249 

959,020 

587,474 

1,607,005 

1,446,516 

•714,448 

65,161 


195,067 

65,818 

26,275 

5,027 

106,314 

8,859 

2,207 


219,534 

60,838 
30,000 
11,411 
75,238 

3,620 


324,554 

55,843 

20,670 

125,400 

10,799 

2,650 


CURRENT ASSETS 


Investments 




Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


55,677 
103,075 


5,379,624 

41,330 

13,076,908 


214,500 
358,311 


181,107 
291,920 


215,362 
553,525 


EQUITY IN ONTARIO HYDRO... 




TOTAL ASSETS 


287,065 


28,889,111 


767,878 


692,561 


1,093,441 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


27,600 


215,639 


- 


3,000 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


27,600 
2,343 


215,639 
196,859 


— 


3,000 
1,000 


— 


Total 

LIABILITIES 


25,257 

40,639 
3,554 


18,780 

2,118,417 
158,298 


79,860 
1,130 


2,000 

50,468 
5,978 


79,211 
2,185 






Total 

DEFERRED CREDIT 
Contributed Capital 

Subject to Amortization 

Less Amortization 


44,193 

7,851 
1,943 


2,276,715 

828,452 
72,822 


80,990 

50,044 
13,332 


56,446 

24,599 
5,973 


81,3% 

30,368 
5,821 


RESERVES 

UTILITY EQUITY 


5,908 

108,632 
103,075 


755,630 

12,761,078 
13,076,908 


36,712 

291,865 
358,311 


18,626 

323,569 
291,920 


24,547 

433,973 
553,525 


EQUITY IN ONTARIO HYDRO... 




TOTAL DEBT. LIABILITIES & EQUITY . 


287,065 


28,889,111 


767,878 


692,561 


1,093,441 



Statements B and C 



221 



Statements for the Year Ended December 31, 1988 



Municipality 


Webbwood 

212 


Welland 
17,913 


Wellington 
637 


West Lincoln 
581 


West Lome 
597 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
103,535 
6,310 

(1,213) 


$ 
11,842,536 
918,542 


$ 
282,556 
9,309 


$ 
292,861 
30,708 


$ 
371,9% 
61,977 


UTILITY EQUITY, END OF YEAR 


108,632 


12,761,078 


291,865 


323,569 


433,973 




C. STATEMENT OF OPERATIONS 

REVENUE 

Service Revenue 

Other Operating Revenue 


247,227 
3,432 


21,045,494 
379,927 


680,711 
12,857 


599,399 
16,151 


913,024 
19,460 


TOTAL REVENUE 


250,659 


21,425,421 


693,568 


615,550 


932,484 




EXPENSE 
Power Purchased 


192,242 

13,191 
11,144 
13,132 
7,491 
7,149 


18,093,932 

928,544 
418,376 
427,741 
598,321 
39,965 


625,427 

15,972 
14,649 
14,956 
13,255 


491,805 

20,127 
20,552 
38,1% 
13,592 
570 


780,846 

23,078 
14,258 
34,876 
17,449 




Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


244,349 


20,506,879 


684,259 


584,842 


870,507 




Income Before Extraordinary/ 
Unusual Items 


6,310 


918,542 


9,309 


30,708 


61,977 




NET INCOME 


6,310 


918,542 


9,309 


30,708 


61,977 





222 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Westminster 
Twp. 
1,075 


Westport 
391 


Wheatley 
649 


Whitby 
16,669 


Whitchurch 

Stouffville 

2,926 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
1,412,974 
446,146 


$ 
439,045 
125,272 


$ 
587,835 
309,306 


$ 
26,351,890 
7,144,224 


$ 
4,218,755 
917,097 


Less: Accumulated Depreciation 




966,828 

72,361 

15,698 
142,000 

2,202 


313,773 

35,405 

13,185 

56,407 

3,613 

1,406 


278,529 

77,513 

29,854 

82,171 

7,357 


19,207,666 

531,056 

2,500,302 

1,939,866 

630,365 

25,966 


3,301,658 

300 

83,010 

645,300 

73,131 

8,046 


CURRENT ASSETS 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 

OTHER ASSETS 


232,261 
505,211 


110,016 
242,030 


196,895 
465,302 


5,627,555 

182,300 

9,353,307 


809,787 
1,559,315 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,704,300 


665,819 


940,726 


34,370,828 


5,670,760 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt 


135,000 


- 


13,000 


866,907 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


135,000 


— 


13,000 
2,560 


866,907 
172,813 


— 


Total 

LIABILITIES 


135,000 

87,355 
1,015 


40,733 
1,246 


10,440 

66,933 
815 


694,094 

2,519,344 
878,717 


335,060 
22,250 






Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


88,370 

127,744 
21,215 


41,979 

65,073 
5,561 


67,748 

27,357 
5,498 


3,398,061 

8,688,712 
903,064 


357,310 

1,874,297 
167,384 




RESERVES 

UTILITY EQUITY 


106,529 

869,190 
505,211 


59,512 

322,298 
242,030 


21,859 

375,377 
465,302 


7,785,648 

13,139,718 
9,353,307 


1,706,913 

2,047,222 
1,559,315 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


1,704,300 


665,819 


940,726 


34,370,828 


5,670,760 



Statements B and C 



223 



Statements for the Year Ended December 31, 1988 



Municipality 


Westminster 
Twp. 
1,075 


Westport 
391 


Wheatley 
649 


Whitby 
16,669 


Whitchurch 

Stouffvile 

2,926 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
822,651 
46,539 


$ 
288,791 
33,507 


$ 
324,634 
50,743 


$ 
11,592,656 
1,547,062 


$ 
1,794,630 
252,592 


UTILITY EQUITY, END OF YEAR 


869,190 


322,298 


375,377 


13,139,718 


2,047,222 




C. STATEMENT OF OPERATIONS 

REVENUE 


1,003,670 
13,234 


493,052 
3,061 


770,478 
17,424 


24,494,136 
297,866 


4,102,846 
59,338 


Other Operating Revenue 


TOTAL REVENUE 


1,016,904 


496,113 


787,902 


24,792,002 


4,162,184 




EXPENSE 


842,031 

24,285 
20,155 
24,986 
47,557 
11,351 


424,697 

2,982 
7,720 
12,654 
14,553 


628,403 

33,499 
20,811 
32,244 
20,627 
1,575 


20,719,305 

828,247 
444,791 
464,395 
621,908 
166,294 


3,422,901 

132,111 
93,016 

174,441 

86,067 

1,056 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


970,365 


462,606 


737,159 


23,244,940 


3,909,592 




Income Before Extraordinary/ 
Unusual Items 


46,539 


33,507 


50,743 


1,547,062 


252,592 




NET INCOME 


46,539 


33,507 


50,743 


1,547,062 


252,592 





224 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Wiarton 
1,041 


Williamsburg 
188 


Winchester 
1,036 


Windsor 
68,454 


Wingham 
1,479 




A. BALANCE SHEET 

FIXED ASSETS 

Plant and facilities 

Less: Accumulated Depreciation 


$ 
1,266,023 
434,089 


$ 
112,095 

46,445 


$ 
1,004,053 
396,615 


$ 
94,780,636 
40,195,353 


$ 

1,820,679 
728,822 




831,934 

49,323 

206,027 

78,862 

73,857 

3,599 


65,650 

16,494 
7,000 
6,345 

26,512 

2,112 

860 


607,438 

147,524 

23,061 

299,491 

12,800 

4,366 


54,585,283 

479,113 
14,225,000 
5,579,189 
13,160,000 
4,983,733 
129,728 


1,091,857 

53,754 

78,806 

348,957 

80,737 

4,471 


CURRENT ASSETS 


Investments 

Accounts Receivable 

Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


411,668 
724,728 


59,323 

334 

113,439 


487,242 
945,891 


38,556,763 

400,789 

75,502,504 


566,725 

10,874 

1,649,212 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


1,968,330 


238,746 


2,040,571 


169,045,339 


3^18,668 




DEBT FROM BORROWINGS 
Debentures and Other Long 
Term Debt.... 


145,000 


3,198 


22,042 


- 


- 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


145,000 
23,000 


3,198 
2,749 


22,042 
20,789 


— 


— 


Total 

LIABILITIES 
Current Liabilities 


122,000 

191,188 
1,660 


449 

18,548 
2,035 


1,253 

206,664 
225 


13,411,424 
2,835,586 


190,632 
5,722 




Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


192,848 

110,176 
11,545 


20,583 

18,442 
2,279 


206,889 

926 

372 


16,247,010 

1,796,512 
333,333 


196,354 

27,725 
5,707 




RESERVES 

UTILITY EQUITY 


98,631 

830,123 

724,728 


16,163 

88,112 
113,439 


554 

885,984 
945,891 


1,463,179 

184,102 

75,648,544 

75,502,504 


22,018 

1,451,084 
1,649,212 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABDLITIES & EQUITY . 


1,968,330 


238,746 


2,040,571 


169,045,339 


3.318,668 



Statements B and C 



225 



Statements for the Year Ended December 31, 1988 



Municipality 


Wiarton 
1,041 


Williamsburg 
188 


Winchester 
1,036 


Windsor 

68,454 


Wingham 
1,479 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
759,749 
70,374 


$ 

79,698 
8,414 


$ 
788,360 
97,624 


$ 

69,575,546 

6,616,637 

(543,639) 


$ 
1,357,383 
93,701 


UTILITY EQUITY, END OF YEAR 


830,123 


88,112 


885,984 


75,648,544 


1,451,084 




C. STATEMENT OF OPERATIONS 
REVENUE 

Service Revenue 

Other Operating Revenue 


1,356,265 
22,340 


184,579 
4,039 


1,892,172 
26,727 


136,701,789 
2,404,422 


2,082,180 
49,952 


TOTAL REVENUE , 


1,378,605 


188,618 


1,918,899 


139,106,211 


2,132,132 




EXPENSE 


1,108,702 

48,564 
39,297 
59,030 
36,027 
16,611 


157,459 

2,872 
9,898 
5,908 
2,986 
1,081 


1,682,125 

23,320 
33,049 
21,531 
37,198 
3,633 


119,792,083 

6,311,305 
1,500,858 
1,177,685 
3,570,143 
137,500 


1,775,238 

43,857 
50,386 
105,296 
63,545 
109 






Billing and Collecting 


Depreciation Less Amortization 

Financial Expense 


TOTAL EXPENSE 


1,308,231 


180,204 


1,800,856 


132,489,574 


2,038,431 


Income Before Extraordinary/ 


70,374 


8,414 


118,043 
20,419 


6,616,637 


93,701 






NET INCOME 


70,374 


8,414 


97,624 


6,616,637 


93,701 





226 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Woodstock 
11,180 


Woodville 
303 


Wyoming 
751 


York 

35,159 


Zorra 
900 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
13,356,574 
5,390,901 


$ 

184,716 
95,405 


$ 
531,392 
224,459 


$ 
39,819,316 
18,815,104 


$ 
894,562 
411,751 


Less: Accumulated Depreciation 


Net fixed assets 

CURRENT ASSETS 


7,965,673 

152,009 
1,008,914 
1,345,008 
1,198,641 

798,133 
(5,897) 


89,311 

15,174 

10,467 
55,000 


306,933 

25,760 
25,728 
10,131 
76,200 
8,982 
435 


21,004,212 

84,934 
5,350,000 
3,218,016 
4,788,000 
1,471,172 

41,960 


482,811 

72,229 

43,066 
145,560 

3,478 


Investments 


Unbilled Revenue 

Inventory 

Other 


Total Current Assets 


4,496,808 

45,783 

10,490,684 


80,641 
158,521 


147,236 
346,856 


14,954,082 

46,887 

30,416,684 


264,333 
716,917 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


22,998,948 


328,473 


801,025 


66,421,865 


1,464,061 




DEBT FROM BORROWINGS 
Debentures and Other Long 


45,783 


- 


- 


- 


192,140 


Less Sinking Fund on 
Debentures 


Less Payments due within 
one year 


45,783 
5,174 


— 


— 


— 


192,140 
76,856 


Total 

LIABILITIES 
Current Liabilities 


40,609 

1,934,529 
438,695 


34,844 
5,600 


55,285 
4,893 


4,806,333 
1,420,036 


115,284 

195,912 
1,100 




Total 

DEFERRED CREDIT 
Contributed Capital 
Subject to Amortization 


2,373,224 

1,091,275 
89,150 


40,444 

22,901 
6,124 


60,178 

46,549 
5,633 


6,226,369 

162,202 
14,381 


197,012 

23,778 
4,803 




RESERVES 

UTILITY EQUITY 


1,002,125 

9,092,306 
10,490,684 


16,777 

112,731 
158,521 


40,916 

353,075 
346,856 


147,821 

29,630,991 
30,416,684 


18,975 

415,873 
716,917 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


22,998,948 


328,473 


801,025 


66,421,865 


1,464,061 



Statements B and C 



227 



Statements for the Year Ended December 31, 1988 



Municipality 


Woodstock 
11,180 


Woodville 
303 


Wyoming 

751 


York 
35,159 


Zorra 
900 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
8,195,193 
687,125 

209,988 


$ 
110,101 
2,630 


$ 
323,450 
29,625 


$ 

26,512,173 

2,049,319 

1,069,499 


$ 
640,845 
(224,972) 


UTILITY EQUITY, END OF YEAR 


9,092,306 


112,731 


353,075 


29,630,991 


415,873 




C. STATEMENT OF OPERATIONS 

REVENUE 
Service Revenue 


17,204,231 
345,581 


323,080 
5,322 


664,525 
9,057 


48,433,421 
1,978,121 


1,243,944 
16,122 




TOTAL REVENUE 


17,549,812 


328,402 


673,582 


50,411,542 


1,260,066 




EXPENSE 


14,902,614 

890,093 
272,066 
283,030 
501,075 
13,809 


285,575 

9,305 
7,036 
15,779 
8,000 
77 


586,866 

16,706 
9,818 
11,773 
18,734 
60 


41,522,711 

1,637,063 
2,197,905 
1,415,467 
1,676,038 
60,752 


1,135,739 

47,199 
57,712 
38,923 
34,367 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


16,862,687 


325,772 


643,957 


48,509,936 


1,313,940 




Income Before Extraordinary/ 


687,125 


2,630 


29,625 


1,901,606 
(147,713) 


(53,874) 
171,098 






NET INCOME 


687,125 


2,630 


29,625 


2,049,319 


(224,972) 





228 



Municipal Electrical Utilities Statement A 



Municipal Electrical Utilities Financial 



Municipality 


Zurich 
402 


Total 

2,592,810 




A. BALANCE SHEET 

FIXED ASSETS 


$ 
388,492 
171,527 


$ 
3,974,422,163 
1,348,459,917 








216,965 

58,661 

10,562 

51,000 

13,721 

1,441 


2,625,962,246 

94,238,206 
239,120,292 
292,476,259 
349,933,515 
151,255,952 
5,650,598 


CURRENT ASSETS 


Investments 




Inventory 

Other 




135,385 
269,003 


1,132,674,822 

36,273,485 

2,243,820,488 


OTHER ASSETS 


EQUITY IN ONTARIO HYDRO 




TOTAL ASSETS 


621,353 


6,038,731,041 




DEBT FROM BORROWINGS 
Debentures and Other Long 

Term Debt 

Less Sinking Fund on 
Debentures 


52,045 


210,809,777 
21,943,850 


Less Payments due within 
one year 


52,045 
6,850 


188,865,927 
20,968,907 


Total 

LIABILITIES 


45,195 

63,879 
2,000 


167,897,020 

496,725,939 
81,256,856 






Total 

DEFERRED CREDIT 
Contributed Capital 


65,879 

8,254 
766 


577,982,795 

509,550,982 
62,680,847 






RESERVES 

UTILITY EQUITY 


7,488 

233,788 
269,003 


446,870,135 

778,142 

2,601,382,461 

2,243,820,488 


EQUITY IN ONTARIO HYDRO 




TOTAL DEBT. LIABILITIES & EQUITY . 


621,353 


6,038,731,041 



Statements B and C 



229 



Statements for the Year Ended December 31, 1988 



Municipality 


Zurich 
402 


Total 
2,592,810 




B. STATEMENT OF EQUITY 

Utility Equity, beginning of year 

Net income for year 

Capital Contributions in respect of 

land/street lighting plant received in year 
Adjustments 


$ 
205,913 
27,875 


$ 

2,403,622,322 

206,733,539 

(1,068,165) 
(7,905,235) 


UTILITY EQUITY, END OF YEAR 


233,788 


2,601,382,461 




C. STATEMENT OF OPERATIONS 

REVENUE 


462,301 
7,974 


4,405,689,483 
103,254,405 


Other Operating Revenue 


TOTAL REVENUE 


470,275 


4,508,943,888 




EXPENSE 


381,220 

12,173 

9,020 

20,710 

12,969 

6,308 


3,781,424,004 
3,325,692 
192,284,391 
79,343,863 
97,808,432 
126,766,544 
21,837,565 






Billing and Collecting 

Administration 


Financial Expense 


TOTAL EXPENSE 


442,400 


4,302,790,491 




Income Before Extraordinary/ 
Unusual Items 


27,875 


206,153,397 
(580,142) 




NET INCOME 


27,875 


206,733,539 





Municipal Electrical Utilities 231 

STATEMENT "D" 

Statement D records use of energy, revenue, number of customers, average 
use per customer, and average revenue per kilowatt-hour for each of the 
main classes of service for all the municipal electrical utilities supplied under 
cost contracts with Ontario Hydro. The number of customers shown is that at 
the end of the year under review, but the calculation of monthly energy use 
per customer is based on the average of the numbers served at the end of the 
year under review and the preceding year. This is not applicable for 
restructured utilities. The revenue and use of energy for house heating and 
the use of flat-rate water heaters are included in the total shown, the flat-rate 
water-heater kilowatt-hours being estimated on the basis of 16.8 hours' use 
per day. 

The average revenue per kilowatt-hour is the average paid by the customer, 
that is average revenue per kilowatt-hour received by the utility. Such a 
statistical average does not represent the utility's actual revenue from 
delivering one kilowatt-hour. However, a comparison of this average over a 
number of years gives some indication of the trend of revenue in any one 
municipality, and the general trend may be seen in the table on page 99. 

The general service class includes data on both industrial and commercial 
customers. 

Information on monthly rates and comparative bills is published separately 
from this publication. Readers who require this information may obtain it by 
request to the Customer Energy Services Department of the Regional 
Branch, at the Ontario Hydro Head Office, Toronto. 



232 



Municipal Electrical Utilities 



MUNICIPAL UTILITY ELECTRICITY 

FOR FORTY MAJOR MUNICIPAL 

For the Year Ended 



Municipality 



Total 

Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue Customers 



Mthly. 
Use 
per 

Cust. 



Toronto 

Hamilton 

North York 

Mississauga 

Ottawa 

Scarborough 

Etobicoke 

Windsor 

London 

Brampton 

Kitchener Wilmot 

St. Catharines 

Oakville 

Markham 

Oshawa 

Burlington 

Vaughan 

Thunder Bay 

Guelph 

Waterloo North 

Nepean 

York 

Cambridge N. Dumfries 

Sudbury 

East York 

Brantford 

Peterborough 

Kingston 

Gloucester 

Niagara Falls 

Barrie 

North Bay 

Sarnia 

Richmond Hill 

Pickering 

Belleville 

Whitby 

Chatham 

Stoney Creek 

Milton 

Total 



kW.h 
9,310,202,949 
6,223,608,504 
5,596,837,714 
4,907,590,055 
4,340,869,346 

4,324,603,992 
3,633,377,621 
2,712,491,602 
2,712,163,663 
2,049,238,203 

1,787,288,165 
1,775,884,885 
1,361,600,102 
1,270,093,800 
1,177,161,627 

1,172,687,654 
1,115,244,015 
1,107,079,455 
1,060,740,996 
967,942,433 

959,766,215 
958,238,371 
924,894,140 
828,652,729 
823,389,678 

754,371,252 
711,756,265 
692,323,424 
690,736,951 
670,453,954 

636,883,096 
532,620,872 
519,273,000 
507,930,144 
479,272,345 

474,852,306 
467,773,551 
417,346,518 
395,037,101 
393,692,196 

71,445,970,889 



498,319,234 
277,628,898 
293,647,957 
243,910,995 
208,715,792 

223,579,241 
181,054,315 
136,701,789 
138,310,630 
109,667,441 

91,622,726 
87,951,242 
66,304,987 
71,093,712 
58,076,757 

61,463,885 
61,742,274 
58,981,129 
54,473,069 
52,109,388 

50,438,472 
48,433,421 
50,312,837 
48,349,722 
42,155,668 

39,674,140 
35,956,071 
35,654,640 
37,736,683 
36,303,034 

34,261,387 
30,257,000 
26,658,953 
29,904,125 
26,472,991 

24,902,769 
24,494,136 
22,710,984 
21,336,856 
21,449,913 

3,662,819,263 



214,970 
124,412 
143,472 
114,080 
128,889 

124,008 
92,910 
68,454 

103,589 
58,400 

58,249 
46,869 
33,523 
44,234 
41,373 

40,552 
32,430 
44,596 
28,654 
30,770 

34,797 
35,159 
31,005 
36,988 
24,948 

28,851 
25,978 
24,454 
31,042 
28,571 

21,059 
20,916 
17,900 
21,529 

20,572 

14,431 
16,669 
15,744 
15,270 
10,542 

2,050,859 



kW.h 
1,619,161,173 
935,771,906 
1,515,711,008 
1,084,174,639 
1,169,558,659 

1,228,447,200 
848,602,653 
607,759,647 
906,731,116 
603,997,454 

565,298,904 
376,528,221 
351,200,586 
502,045,686 
529,155,305 

424,831,309 
298,056,298 
376,750,301 
289,529,296 
320,872,714 

397,393,365 
300,932,585 
288,170,931 
394,249,232 
229,894,303 

254,605,623 
303,127,325 
222,608,047 
341,464,210 
223,423,936 

206,917,172 
225,362,953 
148,868,310 
200,839,706 
247,364,320 

137,770,289 
195,393,033 
126,301,606 
152,718,644 
133,171,843 

19,284,761,508 



98,216,170 
57,793,078 
84,089,909 
60,528,259 
59,906,361 

66,923,111 

47,850,242 
35,652,574 
51,631,820 
34,883,865 

31,227,439 
23,695,085 
20,109,613 
29,929,951 
26,966,853 

24,613,983 
18,028,603 
22,705,120 
17,264,704 
18,688,240 

22,831,115 
16,696,253 
16,916,887 
23,829,513 
12,746,187 

14,452,581 
16,069,731 
12,544,610 
19,571,958 
13,791,050 

12,127,170 
13,818,033 
9,003,387 
12,190,797 
14,206,261 

7,963,482 
11,117,160 
7,733,118 
9,096,791 
7,817,914 

,105,228,978 



182,660 
112,702 
126,590 
98,586 
113,463 

108,405 
84,419 
60,623 
93,116 
51,751 

51,615 
41,759 
29,867 
38,352 
37,204 

36,498 
26,454 
39,795 
25,619 
25,842 

31,241 
31,100 
27,277 
33,325 
22,322 

26,230 
22,664 
20,361 
27,967 
25,382 

18,172 
18,301 
15,922 
18,783 
18,867 

12,221 
15,116 
13,716 
13,598 
8,795 



kW.h 
743 
697 
998 
950 
866 

951 
838 
838 
831 
998 

932 

758 

1,014 

1,123 

1,196 

994 
979 
788 
956 
1,064 

1,087 
809 
897 

1,002 
858 

821 
1,139 

914 
1,031 

743 

979 
1,042 

779 

943 

1,137 

944 

1,114 

779 

955 

1,268 

902 



Statement D 



233 



SALES, REVENUE AND CUSTOMERS 
ELECTRICAL UTILITIES 
December 31, 1988 





General Service 




General Service 








(under 5,000 kW) 






(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


kW.h 


$ 




kW.h 


a 


kW.h 


$ 




<t 


kW.h 


$ 


5,817,681,006 


317,397,690 


32,279 


15,040 


5.46 


1,807,821,637 


83,575,717 


31 


4.62 


65,539,133 


3,007,617 


1,475,528,880 


68,756,459 


11,695 


10,605 


4.66 


3,781,488,478 


149,251,646 


15 


3.95 


30,819,240 


1,331,223 


3,827,387,402 


194,762,167 


16,878 


19,162 


5.09 


213,673,104 


8,931,365 


4 


4.18 


40,066,200 


2,064,516 


3,107,046,377 


152,148,952 


15,486 


17,772 


4.90 


689,892,839 


27,662,042 


8 


4.01 


26,476,200 


1,297,331 


2,636,680,512 


124,793,566 


15,413 


14,448 


4.73 


509,013,655 


23,096,907 


13 


4.54 


25,616,520 


1,245,958 


2,664,493,262 


136,063,433 


15,596 


14,697 


5.11 


396,046,570 


16,146,244 


7 


4.08 


35,616,960 


1,752,156 


2,567,772,625 


121,846,778 


8,487 


25,489 


4.75 


186,819,223 


7,974,592 


4 


4.27 


30,183,120 


1,380,882 


1,209,380,895 


61,673,041 


7,824 


12,952 


5.10 


881,531,380 


37,340,210 


7 


4.24 


13,819,680 


700,964 


1,505,211,890 


72,984,475 


10,466 


12,224 


4.85 


276,533,737 


11,808,957 


7 


4.27 


23,686,920 


1,146,186 


1,193,707,184 


63,254,439 


6,645 


15,587 


5.30 


235,738,565 


10,087,392 


4 


4.28 


15,795,000 


798,092 


957,674,896 


47,665,216 


6,630 


12,259 


4.98 


246,463,765 


11,393,427 


4 


4.62 


17,850,600 


879,644 


533,536,273 


27,071,701 


5,104 


8,816 


5.07 


852,360,711 


36,254,382 


6 


4.25 


13,459,680 


657,274 


564,867,756 


27,669,504 


3,653 


13,396 


4.90 


437,198,480 


17,270,377 


3 


3.95 


8,333,280 


405,049 


731,146,000 


38,899,820 


5,881 


10,723 


5.32 


26,436,914 


1,068,512 


1 


4.04 


10,465,200 


544,490 


470,170,763 


22,522,149 


4,165 


9,561 


4.79 


167,871,839 


7,627,353 


4 


4.54 


9,963,720 


469,402 


737,096,665 


36,203,733 


4,054 


15,558 


4.91 











_ 


10,759,680 


530,516 


783,921,057 


41,176,281 


5,975 


11,888 


5.25 


28,509,620 


1,334,002 




4.68 


4,757,040 


242,608 


691,018,737 


34,207,331 


4,800 


12,226 


4.95 


25,556,257 


1,365,162 




5.34 


13,754,160 


670,130 


585,505,418 


28,522,642 


3,032 


16,462 


4.87 


177,187,242 


7,564,872 


3 


4.27 


8,519,040 


413,172 


584,538,716 


30,118,425 


4,927 


10,178 


5.15 


55,523,243 


2,490,060 




4.48 


7,007,760 


354,663 


489,844,570 


24,128,228 


3,555 


11,794 


4.93 


66,954,400 


2,578,845 




3.85 


5,573,880 


279,155 


490,086,996 


24,951,833 


4,057 


10,177 


5.09 


161,972,870 


6,419,212 


2 


3.96 


5,245,920 


264,186 


621,037,409 


31,952,460 


3,727 


14,218 


5.15 


8,016,000 


440,757 




5.50 


7,669,800 


386,697 


426,017,657 


23,852,442 


3,663 


9,603 


5.60 


— 


— 


— 


— 


8,385,840 


460,767 


558,452,255 


27,528,241 


2,625 


17,675 


4.93 


28,405,080 


1,242,426 




4.37 


6,638,040 


318,987 


491,437,029 


23,909,396 


2,621 


15,873 


4.87 














8,328,600 


402,572 


362,052,620 


17,517,893 


3,313 


9,298 


4.84 


39,588,000 


1,766,340 




4.46 


6,988,320 


329,422 


435,297,439 


21,556,921 


4,092 


8,897 


4.95 


28,709,058 


1,051,680 




3.66 


5,708,880 


282,588 


344,587,701 


17,019,109 


3,075 


9,734 


4.94 


— 


— 


— 


— 


4,685,040 


228,783 


400,173,570 


20,047,732 


3,188 


10,573 


5.01 


38,890,368 


1,541,618 




3.96 


7,966,080 


391,002 


386,053,276 


19,259,781 


2,886 


11,494 


4.99 


40,215,448 


1,850,341 




4.60 


3,697,200 


184,660 


303,743,239 


15,775,391 


2,615 


9,769 


5.19 


— 


— 


— 


— 


3,514,680 


181,200 


231,990,530 


12,061,961 


1,976 


9,833 


5.20 


132,053,320 


5,107,983 


2 


3.87 


6,360,840 


321,668 


302,525,278 


16,229,236 


2,746 


9,813 


5.36 


— 


— 


— 


— 


4,565,160 


236,622 


228,191,745 


11,721,413 


1,705 


11,885 


5.14 


— 


— 


— 


— 


3,716,280 


189,322 


332,768,497 


16,230,929 


2,210 


12,402 


4.88 














4,313,520 


211,730 


267,051,078 


12,831,394 


1,553 


14,846 


4.80 


— 


— 


— 


— 


5,329,440 


257,213 


286,674,872 


14,531,071 


2,028 


12,072 


5.07 


— 


— 


— 


— 


4,370,040 


219,350 


238,454,937 


11,944,778 


1,672 


12,109 


5.01 


— 


— 


— 


— 


3,863,520 


188,984 


258,202,313 


13,218,749 


1,747 


12,295 


5.12 


— 


— 


— 


— 


2,318,040 


117,643 


40,099,009,325 


2,024,006,760 


244,044 


13,982 


5.05 


11,540,471,803 


184,242,421 


135 


4.20 


521,728,253 


25,344,424 



234 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Revenue 



Customers 



Mthly. 
Use 
per 

Cust. 



Ailsa Craig 

Ajax 

Alexandria 

Alfred 

Alliston 

Almonte 

Alvinston 

Amherstburg 

Ancaster 

Apple Hill 

Arkona 

Arnprior 

Arthur 

Atikokan Twp 

Aurora 

Avonmore 

Aylmer 

Bancroft 

Barrie 

Barry's Bay 

Bath 

Beachburg 

Beeton 

Belle River 

Belleville 

Belmont 

Blandford Blenheim. 

Blenheim 

Bloomfield 

Blyth 

Bobcaygeon 

Bothwell 

Bracebridge 

Bradford 

Brampton 

Brantford 

Brantford Twp 

Brechin 

Brighton 

Brock 



kW.h 
6,916,144 
333,821,529 
50,288,926 
14,009,897 
48,963,445 

31,183,307 
5,661,029 
83,485,662 
33,368,820 
1,676,420 

3,322,630 

120,464,584 

23,164,633 

53,081,492 

222,771,107 

1,911,990 

56,708,511 

29,732,682 

636,883,096 

11,249,485 

8,102,288 
5,712,850 
13,577,854 
27,955,710 
474,852,306 

8,509,812 
19,775,287 
46,350,749 

8,158,726 
11,632,848 

26,885,318 

7,923,245 

40,772,416 

60,828,770 

2,049,238,203 

754,371,252 

115,207,446 

2,899,638 

34,310,641 

46,131,820 



$ 

369,300 

18,193,888 

2,799,904 

789,441 

2,826,734 

1,895,248 

312,789 

4,609,875 

1,940,899 

97,462 

181,387 

5,900,282 

1,218,787 

2,897,958 

12,305,124 

117,704 

3,062,806 

1,661,500 

34,261,387 

659,476 

471,167 

344,487 

745,268 

1,604,034 

24,902,769 

473,371 
937,781 
2,424,725 
436,366 
628,130 

1,652,026 

452,760 

2,274,557 

3,521,981 

109,667,441 

39,674,140 

6,120,500 

163,743 

2,046,062 

2,644,806 



315 

15,605 

1,711 

493 

2,127 

1,843 

372 

2,819 

1,789 

116 

218 
2,991 

820 
1,936 
8,809 

148 

2,370 

1,118 

21,059 

583 

459 

336 

853 

1,496 

14,431 

453 
731 
1,735 
347 
429 

1,332 

417 

1,953 

3,821 

58,400 

28,851 

2,680 

126 

1,779 

2,159 



kW.h 

3,630,534 

127,697,963 

19,509,747 

7,963,555 
18,201,628 

21,062,340 

2,660,460 

37,651,560 

24,703,075 

1,237,950 

2,414,930 
30,240,363 

8,308,110 
14,693,971 
88,625,047 

1,401,050 

29,986,798 

11,394,710 

206,917,172 

4,935,803 

5,458,289 
4,257,500 
8,438,589 
17,727,150 
137,770,289 

6,071,996 
9,335,296 
15,436,845 
3,452,301 
5,007,469 

15,179,696 
4,111,135 
18,893,625 
33,558,985 
603,997,454 

254,605,623 

28,278,387 

1,223,044 

21,203,743 

26,646,122 



$ 

195,196 
7,524,525 
1,138,443 

448,334 
1,102,060 

1,276,539 

153,327 

2,157,660 

1,454,037 

71,729 

131,192 

1,702,766 

473,113 

961,811 

5,204,130 

86,906 

1,612,727 

659,371 

12,127,170 

295,458 

311,407 

251,823 

513,036 

1,056,431 

7,963,482 

337,655 
534,874 
852,247 
196,498 
276,139 

914,071 

237,755 

1,072,578 

2,025,976 

34,883,865 

14,452,581 

1,662,453 

68,174 

1,270,085 

1,519,201 



261 

14,204 

1,429 

420 

1,768 

1,622 

308 

2,452 

1,637 

98 

185 
2,545 

665 
1,595 
7,790 

130 

2,057 

855 

18,172 

453 

410 

292 

747 

1,347 

12,221 

402 
592 
1,485 
272 
353 

1,053 

328 

1,524 

3,440 

51,751 

26,230 

1,749 

88 

1,554 

1,833 



kW.h 
1,173 

781 
1,159 
1,588 

881 

1,109 
727 
1,300 
1,282 
1,021 

1,088 

1,008 

1,055 

765 



1,210 

1,139 

979 

904 

1,109 
1,223 

955 
1,112 

944 

1,332 
1,372 
884 
1,069 
1,185 

1,240 

1,048 

1,042 

871 



821 
1,357 
1,158 
1,157 
1.222 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



235 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


1tW.h 


$ 




kW.h 


<J 


kW.h 


$ 




c 


kW.h 


$ 


3,134,410 


155,444 


54 


4,837 


4.96 


— 


— 


— 


— 


151.200 


7,160 


203,341,486 


10,109,586 


1.401 


12,818 


4.97 


— 


— 


— 


— 


2,782,080 


137,709 


30,316,939 


1,575,994 


282 


9,323 


5.20 


— 


— 


— 


— 


462,240 


23,468 


5,866,702 


311,144 


73 


6,697 


5.30 


— 


— 


— 


— 


179,640 


8,994 


30,221,457 


1,632,663 


35? 


7,074 


5.40 


— 


— 


— 


— 


540,360 


28,031 


9,758,447 


542,818 


221 


3.747 


5.56 














362,520 


18,891 


2,849,009 


148,267 


64 


3,653 


5.20 


— 


— 


— 


— 


151,560 


6,695 


44,985,582 


2,366,705 


367 


10,413 


5.26 


— 


— 


— 


— 


848,520 


43,093 


8,121,425 


431,696 


152 


4,604 


5.32 


— 


— 


— 


— 


544,320 


27,146 


414,350 


23,350 


18 


2,031 


5.64 


— 


— 


— 


— 


24,120 


1,161 


795,380 


43,938 


33 


1,949 


5.52 














112,320 


5,457 


89,575,861 


4,047,007 


446 


17,689 


4.52 


— 


— 


— 


— 


648,360 


31,535 


14,683,363 


720,249 


155 


8,103 


4.91 


— 


— 


— 


— 


173,160 


8,335 


37,639,081 


1,845,743 


341 


9,335 


4.90 


— 


— 


— 


— 


748,440 


38,127 


132,348,940 


6,661,121 


1,019 


11,585 


5.03 


— 


— 


— 


— 


1 .797,120 


89,398 


448,300 


27,280 


18 


2,075 


6.09 














62,640 


3.299 


26,259,833 


1.387,674 


313 


6,817 


5.28 


— 


— 


— 


— 


461,880 


23,225 


18,012,532 


958,514 


263 


5,773 


5.32 


— 


— 


— 


— 


325,440 


16,230 


386,053,276 


19,259,781 


2,886 


11,494 


4.99 


40,215,448 


1,850,341 


1 


4.60 


3.697,200 


184,660 


6,064,562 


339,847 


130 


4,109 


5.60 


— 


— 


— 


— 


249,120 


12,565 


2,485,239 


137,793 


49 


4,227 


5.54 














158,760 


8,006 


1,363,550 


78,963 


44 


2,582 


5.79 


— 


— 


— 


— 


91,800 


4,718 


4,839,025 


274,654 


106 


4,033 


5.68 


— 


— 


— 


— 


300,240 


14,979 


9,748,320 


524,123 


149 


5,380 


5.38 


— 


— 


— 


— 


480,240 


24,032 


332,768,497 


16,230,929 


2,210 


12,402 


4.88 


— 


— 


— 


— 


4,313,520 


211,730 


2,313,256 


121,176 


51 


4,102 


5.24 














124,560 


6,140 


10,235,871 


518,666 


139 


6,366 


5.07 


— 


— 


— 


— 


204,120 


10,182 


30,409,904 


1,517,039 


250 


10,137 


4.99 


— 


— 


— 


— 


504,000 


23,939 


4,607,065 


242,150 


75 


5,188 


5.26 


— 


— 


— 


— 


99,360 


4,941 


6,419,099 


336,370 


76 


6,687 


5.24 


— 


— 


— 


— 


206,280 


10,492 


11,383,782 


667,000 


279 


3,501 


5.86 














321.840 


16,955 


3,637,150 


205,958 


89 


3,331 


5.66 


— 


— 


— 


— 


174,960 


8,647 


21,197,311 


1,119,738 


429 


4,267 


5.28 


— 


— 


— 


— 


681,480 


33,539 


26,336,305 


1,384,636 


381 


5,948 


5.26 


— 


— 


— 


— 


933,480 


46,127 


1,193,707,184 


63,254,439 


6,645 


15,587 


5.30 


235,738,565 


10,087,392 


4 


4.28 


15,795,000 


798,092 


491,437,029 


23,909,3% 


2,621 


15,873 


4.87 














8,328,600 


402,572 


50,670,867 


2,866,087 


930 


4,595 


5.66 


35,882,352 


1,520,424 


1 


4.24 


375,840 


19,154 


1,642,034 


88,775 


38 


3,601 


5.41 


— 


— 


— 


— 


34,560 


1,723 


12,535,938 


692,086 


225 


4,859 


5.52 


— 


— 


— 


— 


570,960 


29,634 


18,965,138 


1,031,637 


326 


4,878 


5.44 








" 


520.560 


26,604 



236 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue 



Customers 



Mthly. 
Use 
per 

Cust. 



Brockville 

Brussels 

Burford 

Burk's Falls 

Burlington 

Cache Bay 

Caledon 

Cambridge N. Dumfries 

Campbellford 

Capreol 

Cardinal 

Carleton Place 

Casselman 

Chalk River 

Chapleau Twp 

Chatham 

Chatsworth 

Chesley 

Chesterville 

Clifford 

Clinton 

Cobden 

Cobourg 

Cochrane 

Colborne 

Coldwater 

Collingwood 

Comber 

Cookstown 

Cottam 

Creemore 

Dashwood 

Deep River 

Delaware 

Delhi 

Deseronto 

Drayton 

Dresden 

Dryden 

Dublin 



kW.h 
288,084,411 
9,742,395 
9,397,978 
11,675,950 
1,172,687,654 

4,987,727 
68,500,158 
924,894,140 
43,219,786 
26,623,871 

11,502,133 
56,534,997 
22,644,618 
6,868,475 
32,441,310 

417,346,518 

3,987,935 

17,995,358 

24,467,641 

6,407,179 

27,419,270 

8,870,401 

189,999,471 

56,550,729 

18,281,604 

11,598,714 
226,277,369 
6,162,219 
8,318,012 
5,962,094 

12,128,400 
3,491,280 

50,508,810 
4,005,078 

31,368,449 

15,070,820 

7,992,322 

31,659,894 

61,890,627 

2,974,184 



$ 

15,208,407 
548,440 
533,472 
674,729 

61,463,885 

296,301 

3,884,985 

50,312,837 

2,066,354 

1,506,225 

623,739 
3,308,004 
1,315,043 

388,762 
1,953,340 

22,710,984 

235,238 

1,020,375 

1,321,751 

347,021 

1,573,026 
506,032 
8,977,147 
3,046,170 
1,020,808 

696,800 
11,197,410 
350,354 
481,413 
372,681 

701,233 
199,917 

2,986,639 
241,949 

1,906,613 

905,815 

433,792 

1,764,667 

3,604,690 

174,312 



8,576 

466 

471 

475 

40,552 

270 

2,430 

31,005 

1,720 

1,428 

732 

3,051 

895 

373 

1,366 

15,744 
207 
894 
699 
329 

1,485 

534 

5,646 

2,211 

878 

552 
6,562 
289 
452 
410 

576 
209 

1,805 
257 

1,923 

731 

351 

1,122 

2,908 

132 



kW.h 
84,132,014 
5,583,374 
4,995,806 
4,581,227 
424,831,309 

4,329,019 
23,041,150 
288,170,931 
18,557,005 
17,590,366 

6,093,020 
31,680,907 
12,421,674 

4,921,120 
17,247,917 

126,301,606 
2,378,600 
10,743,323 
8,705,465 
3,836,769 

13,695,010 
5,400,854 
51,637,858 
18,731,518 
11,167,080 

6,569,680 
64,911,630 
2,686,756 
5,931,401 
4,648,605 

7,877,600 
2,575,820 

29,489,946 
3,128,461 

13,488,379 

8,162,750 
3,272,259 
9,867,356 
23,076,710 
1,110,900 



5,005,948 

320,726 

288,139 

265,824 

24,613,983 

249,644 

1,393,678 

16,916,887 

907,319 
1,032,672 

346,820 

1,909,123 

734,800 

281,762 

1,087,943 

7,733,118 
136,302 
622,174 
501,861 
205,021 

806,508 

311,037 

2,691,223 

1,142,420 

647,706 

379,946 
3,560,424 
156,865 
330,898 
272,319 

450,532 
144,294 
1,773,384 
179,368 
893,653 

506,154 
178,820 
604,000 
1,542,316 
64,675 



7,426 

380 

355 

366 

36,498 

247 

1,976 

27,277 

1,423 

1,317 

663 

2,746 

775 

340 

1,166 

13,716 
162 

756 
598 
256 

1,245 

454 

4,736 

1,894 

761 

449 
5,620 
240 
380 
361 

504 
161 

1,630 
231 

1,607 

645 
279 
926 
2,458 
95 



kW.h 

946 

1,234 

1,173 

1,046 

994 

1,466 

972 

897 

1,098 

1,125 

768 

975 

1,353 

1,217 

1,249 

779 
1,247 
1,192 
1,234 
1,269 

920 
991 
923 
831 
1,241 

1,264 

989 

945 

1,315 

1,107 

1,324 
1,333 
1,506 
1,253 
703 

1,073 
981 
895 
788 
974 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



237 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


-kW.h 


$ 




kW.h 


<j 


kW.h 


$ 




<t 


kW.h 


$ 


201,525,997 


9,866,285 


1,150 


14,603 


4.90 


— 


— 


— 


— 


2,426,400 


120,979 


3,995,221 


218,838 


86 


3,827 


5.48 


— 


— 


— 


— 


163,800 


8,376 


4,153,772 


228,298 


116 


3,010 


5.50 


— 


— 


— 


— 


248,400 


12,196 


6,953,963 


386,003 


109 


5,366 


5.55 


— 


— 


— 


— 


140,760 


7,131 


737,096,665 


36,203,733 


4,054 


15,558 


4.91 


— 


— 


— 


— 


10,759,680 


530,516 


547,828 


32,379 


23 


1,902 


5.91 














110,880 


5,635 


44,876,888 


2,422,645 


454 


8,292 


5.40 


— 


— 


— 


— 


582,120 


29,155 


621,037,409 


31,952,460 


3,727 


14,218 


5.15 


8,016,000 


440,757 


1 


5.50 


7,669,800 


386,697 


24,171,381 


1,079,988 


297 


6,805 


4.47 


— 


— 


— 


— 


491,400 


21,495 


8,479,105 


434,684 


111 


6,309 


5.13 


— 


— 


— 


— 


554,400 


27,441 


5,176,553 


257,853 


69 


6,344 


4.98 














232,560 


11,556 


24,110,690 


1,273,075 


305 


6,742 


5.28 


— 


— 


— 


— 


743,400 


37,806 


10,051,944 


545,177 


120 


6,810 


5.42 


— 


— 


— 


— 


171,000 


8,833 


1,821,715 


98,295 


33 


4,600 


5.40 


— 


— 


— 


— 


125,640 


6,172 


14,820,433 


803,681 


200 


6,206 


5.42 


— 


— 


— 


— 


372,960 


18,946 


286,674,872 


14,531,071 


2,028 


12,072 


5.07 








_ 


— 


4,370,040 


219,350 


1,491,975 


85,823 


45 


2,763 


5.75 


— 


— 


— 


— 


117,360 


6,083 


6,961,875 


379,591 


138 


4,266 


5.45 


— 


— 


— 


— 


290,160 


14,566 


15,554,096 


787,127 


101 


12,584 


5.06 


— 


— 


— 


— 


208,080 


10,616 


2,387,170 


129,352 


73 


2,763 


5.42 


— 


— 


— 


— 


183,240 


8,648 


13,167,700 


705,084 


240 


4,669 


5.35 














556,560 


27,834 


3,278,747 


185,174 


80 


3,459 


5.65 


— 


— 


— 


— 


190,800 


9,475 


137,185,493 


6,247,488 


910 


12,816 


4.55 


— 


— 


— 


— 


1,176,120 


54,392 


37,305,851 


1,851,812 


317 


9,964 


4.96 


— 


— 


— 


— 


513,360 


25,076 


6,684,684 


348,418 


117 


5,019 


5.21 


— 


— 


— 


— 


429,840 


21,403 


4,895,114 


280,446 


103 


3,960 


5.73 














133,920 


6,802 


120,186,062 


5,622,631 


940 


11,055 


4.68 


40,012,197 


1,669,675 


2 


4.17 


1,167,480 


55,188 


3,330,743 


185,103 


49 


5,665 


5.56 


— 


— 


— 


— 


144,720 


7,186 


2,262,771 


127,510 


72 


2,694 


5.64 


— 


— 


— 


— 


123,840 


6,303 


1,192,889 


75,889 


49 


1,988 


6.36 


— 


6,273 


— 


— 


120,600 




4,121,200 


220,601 


72 


4,579 


5.35 














129,600 


6,597 


847,420 


48,498 


48 


1,503 


5.72 


— 


— 


— 


— 


68,040 


3,425 


20,263,224 


1,119,535 


175 


9,761 


5.52 


— 


— 


— 


— 


755,640 


39,971 


804,257 


46,653 


26 


2,681 


5.80 


— 


— 


— 


— 


72,360 


3,728 


17,286,790 


977,851 


316 


4,588 


5.66 


— 


— 


— 


— 


593,280 


31,234 


6,597,030 


368,817 


86 


6,704 


5.59 














311,040 


16,527 


4,604,143 


240,346 


72 


5,404 


5.22 


— 


— 


— 


— 


115,920 


5,626 


21,403,738 


1,131,980 


196 


9,147 


5.29 


— 


— 


— 


— 


388,800 


19,687 


37,617,997 


1,943,779 


450 


7,125 


5.17 


— 


— 


— 


— 


1,195,920 


58,633 


1,810,724 


105,663 


37 


4,191 


5.84 


" 


" 


" 


" 


52,560 


2,724 



238 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 

Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Customers 



Mthly. 
Use 
per 

Cust. 



Dundalk 

Dundas 

Dunnville 

Durham 

Dutton 

East York 

East Zorra Tavistock 

Eganville 

Elmvale 

Elmwood 

Elora 

Embrun 

Erieau 

Erin 

Espanola 

Essex 

Etobicoke 

Exeter 

Fenelon Falls 

Fergus 

Finch 

Flamborough 

Flesherton 

Forest 

Fort Frances 

Frankford 

Georgina 

Glencoe 

Gloucester 

Goderich 

Goulbourn 

Grand Bend 

Grand Valley 

Granton 

Gravenhurst 

Grimsby 

Guelph 

Haldimand 

Halton Hills 

Hamilton 



kW.h 
18,283,640 
137,859,419 
45,771,366 
20,196,867 
6,639,055 

823,389,678 
22,559,366 
10,856,553 
17,261,576 
2,197,670 

25,715,772 
27,199,615 
5,438,352 
52,060,191 
46,957,695 

49,119,337 
3,633,377,621 
43,190,699 
22,853,590 
109,196,158 

4,168,270 
23,021,655 

6,884,192 
26,771,865 
88,704,816 

16,877,952 
28,863,973 
17,313,118 
690,736,951 
113,010,681 

27,488,370 
13,561,023 
10,685,933 
2,742,289 
42,594,012 

120,303,795 

1,060,740,996 

51,423,715 

342,788,787 
6,223,608,504 



1,016,949 
7,682,330 
2,423,688 
1,209,386 
394,545 

42,155,668 

1,198,287 

630,612 

987,536 

129,826 

1,333,153 
1,607,393 
302,056 
2,354,098 
2,730,708 

2,732,587 
181,054,315 
2,481,189 
1,269,804 
5,577,993 

251,359 
1,256,822 

366,169 
1,539,623 
4,184,053 

938,000 

1,590,332 

1,027,901 

37,736,683 

5,672,861 

1,592,332 
873,582 
658,062 
162,319 

2,393,801 

7,039,773 
54,473,069 

2,893,359 

19,157,961 

277,628,898 



680 

7,247 

2,248 

1,102 

474 

24,948 
787 
648 
727 
177 

1,226 

1,046 

388 

961 

2,232 

2,334 
92,910 
1,929 
1,113 
2,579 

231 
1,099 

345 
1,228 
3,664 

867 
1,287 

867 

31,042 

3,364 

1,194 

1,008 

531 

134 

2,104 

6,698 

28,654 

3,372 

12,150 

124,412 



kW.h 
9,716,450 
74,293,940 
15,883,235 
9,331,873 
3,546,967 

229,894,303 
10,355,050 
5,955,746 
7,451,790 
1,718,600 

14,883,829 
17,320,312 
3,782,144 
11,916,289 
26,866,395 

24,601,988 
848,602,653 
20,508,811 
13,594,266 
24,886,876 

2,399,742 
12,497,906 

3,701,450 
13,167,868 
51,852,526 

11,451,098 
16,011,165 
6,580,802 
341,464,210 
33,812,996 

19,424,866 
6,431,705 
6,830,298 
1,586,000 

20,813,099 

62,820,998 
289,529,296 

27,574,161 
151,328,654 
935,771,906 



$ 

529,200 

4,373,384 

1,047,665 

600,393 

217,387 

12,746,187 
575,712 
338,504 
426,475 
102,365 

846,144 

1,008,720 

208,768 

656,385 

1,565,934 

1,430,401 

47,850,242 

1,227,688 

770,563 

1,461,177 

143,481 
699,831 
192,935 

781,115 
2,464,779 

641,714 

870,562 

402,724 

19,571,958 

1,973,530 

1,124,623 

436,019 

401,982 

79,338 

1,209,210 

3,912,850 
17,264,704 
1,603,388 
9,023,405 
57,793,078 



553 

6,508 

1,868 

934 

387 

22,322 
676 
510 
613 
148 

1,042 
915 
325 
819 

1,946 

2,062 

84,419 

1,622 

925 

2,212 

185 

917 

275 

1,024 

3,197 

762 

1,080 

697 

27,967 

2,865 

1,054 
779 
448 
112 

1,734 

5,985 
25,619 

2,859 
10,755 
112,702 



kW.h 
1,475 
951 
704 
841 
770 

858 
1,305 

969 
1,060 
1,009 

1,217 
1,642 
979 
1,241 
1,135 

989 

838 

1,072 

1,242 

959 

1,099 

1,135 
1,130 
1,092 
1,357 

1,262 
1,270 
810 
1,031 
1,004 

1,545 
695 
1,315 
1,180 
1,012 

887 
956 
808 
1,179 
697 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



239 





General Service 




General Service 








(under 5,000 kW) 






(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


kW.Ti 


$ 




kW.h 


<J 


kW.h 


$ 




t 


kW.h 


$ 


8,405,550 


445,450 


127 


5,604 


5.30 


— 


— 


— 


— 


161,640 


8,022 


60,937,515 


3,143,570 


739 


6,881 


5.16 


— 


— 


— 


— 


2,627,964 


130,376 


29,207,011 


1,513,952 


380 


6,687 


5.18 


— 


— 


— 


— 


681,120 


33,093 


10,554,314 


584,488 


168 


5,396 


5.54 


— 


— 


— 


— 


310,680 


15,898 


2,939,808 


169,410 


87 


2,816 


5.76 


— 


— 


— 


— 


152,280 


7,648 


558,452,255 


27,528,241 


2,625 


17,675 


4.93 


28,405,080 


1,242,426 


1 


4.37 


6,638,040 


318,987 


11,968,156 


596,911 


111 


8,905 


4.99 


— 


— 


— 


— 


236,160 


11,664 


4,659,247 


265,361 


138 


2,898 


5.70 


— 


— 


— 


— 


241,560 


12,366 


9,600,626 


512,018 


114 


6,723 


5.33 


— 


— 


— 


— 


209,160 


10,681 


422,190 


25,262 


29 


1,257 


5.98 


— 


— 


— 


— 


56,880 


2,830 


10,589,663 


566,197 


184 


5,014 


5.35 














242,280 


11,812 


9,554,223 


537,144 


131 


6,220 


5.62 


— 


— 


— 


— 


325,080 


17,062 


1,538,488 


86,046 


63 


2,035 


5.59 


— 


— 


— 


— 


117,720 


5,828 


39,925,022 


1,675,599 


142 


23,430 


4.20 


— 


— 


— 


— 


218,880 


10,535 


19,685,580 


1,040,801 


286 


5,965 


5.29 


— 


— 


— 


— 


405,720 


20,135 


23,914,349 


1,225,008 


272 


7,247 


5.12 














603,000 


29,543 


2,567,772,625 


121,846,778 


8,487 


25,489 


4.75 


186,819,223 


7,974,592 


4 


4.27 


30,183,120 


1,380,882 


22,088,968 


1,193,994 


307 


6,075 


5.41 


— 


— 


— 


— 


592,920 


29,953 


8,964,484 


480,471 


188 


3,995 


5.36 


— 


— 


— 


— 


294,840 


14,632 


62,932,022 


3,017,006 


367 


14,731 


4.79 


20,730,700 


950,889 




4.59 


646,560 


31,421 


1,677,448 


98,122 


46 


2,974 


5.85 














91,080 


4,654 


10,121,989 


528,362 


182 


4,609 


5.22 


— 


— 


— 


— 


401,760 


19,983 


3,046,302 


159,402 


70 


3,627 


5.23 


— 


— 


— 


— 


136,440 


6,506 


13,157,237 


717,186 


204 


5,401 


5.45 


— 


— 


— 


— 


446,760 


22,422 


35,609,570 


1,655,265 


467 


6,409 


4.65 


— 


— 


— 


— 


1,242,720 


52,211 


5,256,934 


278,051 


105 


4,172 


5.29 














169,920 


8,339 


12,548,608 


663,874 


207 


5,101 


5.29 


— 


— 


— 


— 


304,200 


15,106 


10,447,196 


585,942 


170 


5,182 


5.61 


— 


— 


— 


— 


285,120 


14,235 


344,587,701 


17,019,109 


3,075 


9,734 


4.94 


— 


— 


— 


— 


4,685,040 


228,783 


47,854,429 


2,400,844 


498 


7,109 


5.02 


30,343,896 


1,345,021 


1 


4.43 


999,360 


48,466 


7,725,464 


432,314 


140 


4,699 


5.60 














338,040 


17,305 


6,829,438 


410,237 


229 


2,518 


6.01 


— 


— 


— 


— 


299,880 


15,826 


3,747,635 


210,678 


83 


3,953 


5.62 


— 


— 


— 


— 


108,000 


5,628 


1,117,769 


74,237 


22 


4,234 


6.64 


— 


— 


— 


— 


38,520 


1,744 


21,105,553 


1,106,559 


370 


4,792 


5.24 


— 


— 


— 


— 


675,360 


32,743 


55,454,917 


2,949,339 


713 


6,659 


5.32 














2,027,880 


103,808 


585,505,418 


28,522,642 


3,032 


16,462 


4.87 


177,187,242 


7,564,872 


3 


4.27 


8,519,040 


413,172 


22,809,514 


1,196,174 


513 


3,817 


5.24 


— 


— 


— 


— 


1,040,040 


49,717 


189,394,813 


9,966,914 


1,395 


11,470 


5.26 


— 


— 


— 


— 


2,065,320 


105,442 


1,475,528,880 


68,756,459 


11,695 


10,605 


4.66 


3,781,488,478 


149,251,646 


15 


3.95 


30,819,240 


1,331,223 



240 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue Customers 



Mthly. 
Use 
per 

Cust. 



Hanover 

Harriston 

Harrow 

Hastings 

Havelock 

Hawkesbury 

Hearst 

Hensall 

Holstein 

Huntsville 

Ingersoll 

Iroquois 

Iroquois Falls 

Kanata 

Kapuskasing 

Kemptville 

Kenora 

Killaloe Stn 

Kincardine 

Kingston 

Kingsville 

Kirkfield 

Kitchener Wilmot . 

L'Orignal 

Lakefield 

Lanark 

Lancaster 

Larder Lake Twp. 

Latchford 

Leamington 

Lincoln 

Lindsay 

Listowel 

London 

Lucan 

Lucknow 

Madoc 

Magnetawan 

Markdale 

Markham 



kW.h 

71,410,676 

19,809,735 

23,789,621 

10,458,820 

12,045,660 

192,571,361 

98,110,262 

15,656,098 

1,524,890 

48,322,491 

116,269,788 
23,790,295 
24,472,716 

288,150,277 
51,022,356 

31,179,161 

108,644,171 

4,561,985 

65,391,534 
692,323,424 

45,251,944 

2,114,717 

1,787,288,165 

18,171,329 

30,098,797 

7,199,222 
7,990,449 
8,761,424 
3,666,608 
129,982,607 

30,484,705 

200,025,335 

64,911,500 

2,712,163,663 

13,420,767 

11,072,335 
15,032,762 
2,285,220 
18,758,492 
1,270,093,800 



3,988,380 

1,116,964 

1,431,634 

598,173 

690,511 

9,748,156 

5,003,545 

874,175 

90,517 

2,629,990 

6,341,284 
1,208,085 
1,444,381 
15,669,577 
2,871,089 

1,780,982 

5,752,133 

292,061 

3,665,215 

35,654,640 

2,621,190 

121,770 

91,622,726 

1,043,870 

1,783,311 

457,278 
460,998 
530,931 
201,384 
6,586,365 

1,786,443 

10,652,982 

3,630,581 

138,310,630 

778,008 

636,217 

888,158 

141,731 

1,079,131 

71,093,712 



2,719 
892 

1,014 
593 
620 

4,124 

2,320 

483 

114 

1,802 

3,820 
523 
1,834 
11,162 
2,605 

1,201 

5,308 

349 

2,770 

24,454 

2,333 

129 

58,249 

820 

1,213 

410 
358 
527 
211 
4,708 

1,915 

6,229 

2,139 

103,589 

668 

555 
739 
159 
687 
44,234 



kW.h 
24,424,760 
8,552,434 
11,940,756 
6,484,017 
7,282,450 

51,473,022 

27,742,511 

5,112,510 

1,090,050 

15,492,656 

29,698,983 

5,773,116 

14,154,381 

120,777,173 

21,985,735 

15,427,086 

45,918,529 

2,854,294 

41,313,256 

222,608,047 

24,186,131 

1,454,991 

565,298,904 

13,220,438 

15,921,588 

3,946,189 
4,632,103 
6,525,170 
2,264,120 
39,593,051 

16,192,456 

62,155,367 

21,304,860 

906,731,116 

8,856,184 

6,142,815 
7,467,414 
1,309,950 
7,863,550 
502,045,686 



1,468,317 
520,757 
711,177 
372,410 
415,155 

2,826,850 
1,580,849 

281,524 
63,493 

913,595 

1,839,355 

332,443 

894,388 

7,226,619 

1,324,638 

919,573 

2,645,725 

184,442 

2,323,059 

12,544,610 

1,451,962 

80,045 

31,227,439 

750,840 

959,982 

242,558 
267,102 
390,961 
126,369 

2,271,374 

978 ,965 

3,638,617 

1,299,057 

51,631,820 

513,545 

349,104 

443,206 

80,482 

462,007 

29,929,951 



2,285 
744 
836 
483 
506 

3,539 

1,990 

386 

90 

1,393 

3,341 

440 

1,665 

10,460 

2,190 

1,010 

4,511 

291 

2,354 

20,361 

1,987 

98 

51,615 

731 

1,029 

325 
278 
460 
170 
3,998 

1,735 

5,358 

1,858 

93,116 

572 

462 
566 
125 

543 
38,352 



kW.h 

897 

966 

1,200 

1,133 

1,199 

1,205 
1,177 
1,112 
1,009 
949 



1,096 
709 
999 

837 

1,269 
859 
823 

1,474 
914 

1,026 
1,263 
932 
1,526 
1,310 

1,024 
1,394 
1,192 
1,110 
836 

789 
980 
966 

831 
1,292 

1,115 

1,138 

888 

1,227 

1,123 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



241 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


kW.h 


$ 




kW.h 


<t 


kW.h 


$ 




<t 


kW.h 


$ 


46,374,996 


2,426,483 


434 


9,051 


5.23 


— 


— 


— 


— 


610,920 


30,786 


10,939,781 


565,062 


148 


6,244 


5.17 


— 


— 


— 


— 


317,520 


16,145 


11,601,545 


677,773 


178 


5,401 


5.84 


— 


— 


— 


— 


247,320 


12,684 


3,813,163 


206,817 


110 


2,942 


5.42 


— 


— 


— 


— 


161,640 


8,064 


4,633,610 


255,128 


114 


3,510 


5.51 


— 


— 


— 


— 


129,600 


6,518 


139,896,299 


6,561,902 


585 


20,240 


4.69 














1,202,040 


59,503 


69,503,751 


3,344,168 


330 


17,551 


4.81 


— 


— 


— 


— 


864,000 


40,950 


10,390,588 


578,684 


97 


9,020 


5.57 


— 


— 


— 


— 


153,000 


7,667 


406,400 


23,335 


24 


1,472 


5.74 


— 


— 


— 


— 


28,440 


1,462 


32,486,035 


1,652,265 


409 


6,751 


5.09 


— 


— 


— 


— 


343,800 


16,957 


82,584,885 


4,097,127 


478 


14,519 


4.96 


2,376,000 


124,497 


1 


5.24 


1,609,920 


79,548 


17,837,179 


868,131 


83 


17,909 


4.87 


— 


— 


— 


— 


180,000 


9,060 


9,773,295 


491,320 


169 


4,819 


5.03 


— 


— 


— 


— 


545,040 


25,377 


165,595,424 


8,127,083 


702 


21,036 


4.91 


— 


— 


— 


— 


1,777,680 


91,455 


28,139,861 


1,461,989 


415 


5,651 


5.20 


— 


— 


— 


— 


896,760 


43,887 


15,379,835 


831,286 


191 


6,928 


5.41 














372,240 


19,440 


60,729,802 


2,987,206 


797 


6,358 


4.92 


— 


— 


— 


— 


1,995,840 


94,466 


1,593,571 


96,743 


58 


2,290 


6.07 


— 


— 


— 


— 


114,120 


6,109 


23,245,238 


1,241,065 


416 


4,771 


5.34 


— 


— 


— 


— 


833,040 


41,535 


435,297,439 


21,556,921 


4,092 


8,897 


4.95 


28,709,058 


1,051,680 


1 


3.66 


5,708,880 


282,588 


20,433,293 


1,108,330 


346 


4,950 


5.42 














632,520 


31,898 


609,326 


35,378 


31 


1,638 


5.81 


— 


— 


— 


— 


50,400 


2,570 


957,674,896 


47,665,216 


6,630 


12,259 


4.98 


246,463,765 


11,393,427 


4 


4.62 


17,850,600 


879,644 


4,700,331 


255,836 


89 


4,352 


5.44 


— 


— 


— 


— 


250,560 


12,746 


13,745,209 


756,789 


184 


6,294 


5.51 


— 


— 


— 


— 


432,000 


22,808 


3,080,953 


195,676 


85 


3,021 


6.35 














172,080 


9,044 


3,228,746 


176,749 


80 


3,363 


5.47 


— 


— 


— 


— 


129,600 


6,475 


2,137,614 


124,355 


67 


2,582 


5.82 


— 


— 


— 


— 


98,640 


5,069 


1,296,648 


65,522 


41 


2,635 


5.05 


— 


— 


— 


— 


105,840 


5,160 


89,079,876 


4,160,907 


710 


10,635 


4.67 


— 


— 


— 


— 


1,309,680 


61,295 


13,850,169 


758,767 


180 


6,750 


5.48 














442,080 


22,396 


136,481,808 


6,700,297 


871 


13,381 


4.91 


— 


— 


— 


— 


1,388,160 


68,414 


42,993,920 


2,258,888 


281 


12,750 


5.25 


— 


— 


— 


— 


612,720 


31,636 


1,505,211,890 


72,984,475 


10,466 


12,224 


4.85 


276,533,737 


11,808,957 


7 


4.27 


23,686,920 


1,146,186 


4,337,783 


241,201 


96 


3,846 


5.56 


— 


— 


— 


— 


226,800 


11,462 


4,735,120 


265,117 


93 


4,243 


5.60 














194,400 


9,758 


7,284,908 


416,156 


173 


3,469 


5.71 


— 


— 


— 


— 


280,440 


14,616 


897,150 


53,475 


34 


2,199 


5.96 


— 


— 


— 


— 


78,120 


4,066 


10,674,622 


581,110 


144 


6,309 


5.44 


— 


— 


— 


— 


220,320 


11,052 


731,146,000 


38,899,820 


5,881 


10,723 


5.32 


26,436,914 


1,068,512 


1 


4.04 


10,465,200 


544,490 



242 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue 



Customers 



Mthly. 
Use 
per 

Cust. 



Marmora 

Martintown 

Massey 

Maxville 

McGarry Twp 

Meaford 

Merlin 

Midland 

Mildmay 

Millbrook 

Milton 

Milverton 

Mississauga 

Mitchell 

Moorefield 

Morrisburg 

Mount Brydges 

Mount Forest 

Nanticoke 

Napanee 

Nepean 

Neustadt 

Newburgh 

Newbury 

Newcastle 

Newmarket 

Niagara Falls 

Niagara On The Lake 

Nickel Centre 

Nipigon Twp 

Norfolk 

North Bay 

N. Dorchester Twp.... 

North York 

Norwich 

Norwood 

Oakville 

Oil Springs 

Omemee 

Orangeville 



kW.h 

14,073,025 
1,776,560 

11,741,812 
8,054,042 
6,848,430 

40,600,217 

4,204,844 

165,355,038 

8,137,470 

9,760,242 

393,692,196 

11,948,840 

4,907,590,055 

34,040,472 

3,547,647 

28,083,299 
10,152,695 
37,375,859 
53,105,750 
61,876,208 

959,766,215 
3,483,910 
4,590,211 
3,359,506 

167,224,683 

353,058,979 

670,453,954 

117,667,637 

14,533,405 

17,864,780 

4,869,986 

532,620,872 

8,873,286 

5,596,837,714 

20,251,932 

11,449,341 

1,361,600,102 

4,101,780 

8,663,835 

153,562,260 



$ 
779,965 
114,980 
647,580 
439,001 
399,882 

2,128,316 
246,357 

8,330,624 
461,587 
561,700 

21,449,913 

668,618 

243,910,995 

1,966,679 

205,828 

1,657,787 
557,750 
2,028,159 
3,193,478 
3,322,381 

50,438,472 

205,882 

273,586 

181,374 

8,548,519 

18,840,524 
36,303,034 

7,123,070 
864,664 

1,049,277 

286,722 

30,257,000 

496,466 

293,647,957 

1,243,463 

685,305 

66,304,987 

240,469 

475,925 

8,067,337 



693 

124 
521 
373 



2,129 
303 

5,314 
460 
514 

10,542 

585 

114,080 

1,356 

184 

1,188 

652 

1,907 

3,831 

2,347 

34,797 

272 

281 

179 

6,636 

13,576 

28,571 

5,513 

907 

943 

445 

20,916 

538 

143,472 

1,374 

627 

33,523 

343 

436 

5,880 



kW.h 

7,949,977 

1,235,200 

7,051,450 

4,054,339 

5,183,110 

19,190,227 
2,810,713 

49,376,184 
5,814,411 
6,131,521 

133,171,843 

6,731,800 

1,084,174,639 

14,245,718 

2,075,412 

13,926,163 
6,225,836 
18,373,471 
28,636,956 
17,755,976 

397,393,365 

2,655,300 

3,094,767 

1,408,160 

83,564,457 

143,152,585 

223,423,936 

49,456,213 

9,272,578 

7,276,260 

2,782,495 

225,362,953 

4,670,918 

1,515,711,008 

12,388,628 

7,141,108 

351,200,586 

2,377,650 

4,940,035 

50,151,455 



$ 
453,930 

72,917 
380,570 
218,880 
297,866 

1,038,376 
159,370 

2,816,547 
325,481 
350,776 

7,817,914 

362,556 

60,528,259 

873,816 

120,291 

843,654 

349,175 

1,012,689 

1,828,903 

1,058,220 

22,831,115 
150,974 
186,487 
80,229 

4,744,855 

8,096,991 
13,791,050 

3,214,333 
558,303 
472,473 

161,471 
13,818,033 

267,863 
84,089,909 

766,320 

421,377 

20,109,613 

141,475 

281,798 

2,865,674 



551 
105 
441 
289 
369 

1,822 

247 

4,641 

384 

425 

8,795 

479 

98,586 

1,169 
149 

1,024 
568 
1,611 
3,286 
1,866 

31,241 

228 

248 

144 

6,009 

11,941 

25,382 

4,260 

832 

769 

323 

18,301 

445 

126,590 

1,170 

537 

29,867 

259 

370 

5,102 



kW.h 
1,209 
990 
1,345 
1,165 
1,161 



956 

908 

1,275 

1,214 

1,268 
1,179 
950 
1,031 
1,169 

1,146 
947 
981 

741 
810 

1,087 
975 

1,044 
815 

1,218 

1,024 

743 
974 
929 
796 

734 
1,042 
873 
998 
892 

1,144 
1,014 

771 
1,150 

858 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



243 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


kW.h 


$ 




kW.h 


e 


kW.h 


$ 




t 


kW.h 


$ 


5,818,488 


301,356 


142 


3,439 


5.18 


— 


— 


— 


— 


304,560 


14,909 


494,200 


30,391 


19 


2,168 


6.15 


— 


— 


— 


— 


47,160 


2,498 


4,480,122 


237,222 


80 


4,667 


5.29 


— 


— 


— 


— 


210,240 


10,506 


3,830,143 


203,934 


84 


3,846 


5.32 


— 


— 


— 


— 


169,560 


8,388 


1,479,920 


80,595 


39 


3,245 


5.45 


— 


— 


— 


— 


185,400 


9,176 


20,636,710 


1,001,143 


307 


5,584 


4.85 














773,280 


35,738 


1,299,811 


74,738 


56 


2,083 


5.75 


— 


— 


— 


— 


94,320 


4,699 


114,839,094 


5,309,900 


673 


15,047 


4.62 


— 


— 


— 


— 


1,139,760 


52,833 


2,116,779 


120,747 


76 


2,262 


5.70 


— 


— 


— 


— 


206,280 


10,227 


3,494,441 


193,070 


89 


3,272 


5.53 


— 


— 


— 


— 


134,280 


6,806 


258,202,313 


13,218,749 


1,747 


12,295 


5.12 














2,318,040 


117,643 


4,978,000 


278,165 


106 


3,914 


5.59 


— 


— 


— 


— 


239,040 


11,897 


3,107,046,377 


152,148,952 


15,486 


17,772 


4.90 


689,892,839 


27,662,042 


8 


4.01 


26,476,200 


1,297,331 


19,427,914 


1,042,206 


187 


8,612 


5.36 


— 


— 


— 


— 


366,840 


18,957 


1,384,395 


77,545 


35 


3,296 


5.60 


— 


— 


— 


— 


87,840 


4,492 


13,749,976 


773,303 


164 


6,861 


5.62 














407,160 


21,209 


3,770,979 


195,316 


84 


3,786 


5.18 


— 


— 


— 


— 


155,880 


7,459 


18,609,268 


974,076 


296 


5,239 


5.23 


— 


— 


— 


— 


393,120 


19,244 


23,286,194 


1,301,721 


545 


3,567 


5.59 


— 


— 


— 


— 


1,182,600 


59,362 


43,467,912 


2,196,456 


481 


7,858 


5.05 


— 


— 


— 


— 


652,320 


32,283 


489,844,570 


24,128,228 


3,555 


11,794 


4.93 


66,954,400 


2,578,845 


1 


3.85 


5,573,880 


279,155 


733,570 


45,731 


44 


1,491 


6.23 


— 


— 


— 


— 


95,040 


4,708 


1,409,044 


78,546 


33 


3,262 


5.57 


— 


— 


— 


— 


86,400 


4,331 


1,876,106 


95,699 


35 


4,467 


5.10 


— 


— 


— 


— 


75,240 


3,646 


81,526,506 


4,111,355 


627 


10,958 


5.04 


— 


— 


— 


— 


2,133,720 


103,968 


207,062,754 


10,402,900 


1,635 


11,263 


5.02 














2,843,640 


141,637 


400,173,570 


20,047,732 


3,188 


10,573 


5.01 


38,890,368 


1,541,618 


1 


3.96 


7,966,080 


391,002 


67,181,824 


3,771,035 


1,253 


4,533 


5.61 


— 


— 


— 


— 


1,029,600 


53,302 


4,860,507 


268,108 


75 


5,260 


5.52 


— 


— 


— 


— 


400,320 


20,367 


10,433,360 


553,866 


174 


5,055 


5.31 


— 


— 


— 


— 


155,160 


7,884 


1,942,411 


114,167 


122 


1,338 


5.88 














145,080 


7,371 


303,743,239 


15,775,391 


2,615 


9,769 


5.19 


— 


— 


— 


— 


3,514,680 


181,200 


4,056,208 


214,575 


93 


3,798 


5.29 


— 


— 


— 


— 


146,160 


7,228 


3,827,387,402 


194,762,167 


16,878 


19,162 


5.09 


213,673,104 


8,931,365 


4 


4.18 


40,066,200 


2,064,516 


7,495,384 


428,354 


204 


3,047 


5.71 


— 


— 


— 


— 


367,920 


18,689 


4,135,793 


236,085 


90 


3,961 


5.71 














172,440 


8,955 


564,867,756 


27,669,504 


3,653 


13,396 


4.90 


437,198,480 


17,270,377 


3 


3.95 


8,333,280 


405,049 


1,620,810 


93,912 


84 


1,608 


5.79 


— 


— 


— 


— 


103,320 


5,082 


3,602,120 


187,895 


66 


4,414 


5.22 


— 


— 


— 


— 


121,680 


5,937 


102,354,205 


4,991,538 


778 


10,178 


4.88 










1,056,600 


50,666 



244 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue Customers 



Mthly. 
Use 
per 

Cust. 



Orillia 

Oshawa 

Ottawa 

Owen Sound 

Paisley 

Palmerston 

Paris 

Parkhill 

Parry Sound 

Pelham 

Pembroke 

Penetanguishene 

Perth 

Peterborough 

Petrolia 

Pickering 

Picton 

Plantagenet 

Point Edward 

Port Burwell 

Port Colborne 

Port Elgin 

Port Hope 

Port McNicoll 

Port Stanley 

Prescott 

Priceville 

Rainy River 

Red Rock 

Renfrew 

Richmond Hill 

Ridgetown 

Ripley 

Rockland 

Rockwood 

Rodney 

Rosseau 

Russell 

Sandwich West Twp. 
Sarnia 



kW.h 

297,088,564 

1,177,161,627 

4,340,869,346 

279,116,043 

10,392,390 

17,406,745 
68,076,814 
15,952,178 
76,355,614 
16,895,200 

158,393,015 
69,766,260 
93,158,297 

711,756,265 
32,945,237 

479,272,345 
42,662,878 

9,528,672 
55,424,490 

4,704,380 

210,699,820 
70,936,128 

215,586,488 
15,435,240 
16,528,970 

45,500,000 
1,196,280 
8,694,743 
6,093,723 

86,359,725 

507,930,144 

25,840,134 

5,742,457 

49,857,392 

13,904,388 

7,551,251 

2,962,110 

12,230,840 

84,364,057 

519,273,000 



$ 

14,629,370 

58,076,757 

208,715,792 

14,131,611 

578,408 

998,641 
3,598,359 

890,179 
4,223,906 
1,024,819 

8,436,082 
3,773,456 
4,762,161 
35,956,071 
1,911,842 

26,472,991 
2,564,240 

566,516 
2,631,683 

298,644 

11,363,222 
3,766,003 

10,457,257 
879,486 
918,509 

2,468,034 

74,775 

531,327 

373,701 

4,858,920 

29,904,125 
1,501,582 

329,255 
3,016,401 

807,759 

436,546 

156,169 

732,147 

4,891,031 

26,658,953 



9,974 

41,373 

128,889 

8,365 

477 

958 
3,223 

653 
3,051 
1,160 

6,467 
2,397 
2,936 

25,978 
1,770 

20,572 

2,157 

425 

1,064 

421 

8,316 
2,607 
4,190 
955 
1,193 

2,208 
113 

474 

394 

3,756 

21,529 

1,364 

294 

2,217 
677 

501 

172 

531 

5,077 

17,900 



kW.h 

104,856,527 

529,155,305 

1,169,558,659 

79,125,126 

7,591,650 

9,444,270 
27,485,236 

7,819,450 
38,225,984 

9,763,851 

61,770,560 
30,771,027 
27,017,960 
303,127,325 
14,647,875 

247,364,320 
19,808,641 
5,895,204 
8,280,000 
2,995,050 

58,966,705 
41,265,329 
46,863,293 
11,239,003 
9,180,914 

17,598,305 
1,047,050 
4,386,489 
2,921,605 

39,525,929 

200,839,706 

10,535,198 

3,902,952 

34,494,967 

10,440,243 

3,709,330 

1,481,550 

9,286,560 

62,342,276 

148,868,310 



$ 

5,370,858 

26,966,853 

59,906,361 

4,350,976 

421,143 

554,270 
1,693,362 

447,765 
2,146,433 

608,421 

3,589,362 

1,756,688 

1,592,208 

16,069,731 

899,678 

14,206,261 

1,228,617 

346,350 

495,718 

190,192 

3,914,624 

2,154,238 

2,670,466 

595,023 

531,487 

990,376 

64,933 

278,377 

190,233 

2,320,516 

12,190,797 

658,060 

219,265 

2,079,969 

577,338 

215,200 
88,982 

550,031 
3,635,416 
9,003,387 



8,709 

37,204 

113,463 

7,057 

406 

814 
2,817 

526 
2,480 



5,374 
2,123 
2,427 
22,664 
1,498 

18,867 

1,734 

356 

876 

338 

7,378 
2,276 
3,667 
909 
1,051 

1,889 
105 
379 
361 

3,197 

18,783 
1,141 

241 
2,010 

580 

409 

148 

483 

4,715 

15,922 



kW.h 

1,020 

1,196 

866 

947 

1,562 



834 
1,263 
1,299 

825 

965 
1,256 

934 
1,139 

823 

1,137 
969 

1,453 
805 

'747 

671 
1,544 
1,093 
1,046 

736 

785 
847 
964 
667 
1,039 

943 

774 

1,350 

1,501 

1,629 

758 

851 

1,606 

1,123 

779 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



245 





General Service 




General Service 








(under 5,000 kW) 






(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


kW.h 


$ 




kW.h 


<t 


kW.h 


$ 




t 


kW.h 


$ 


188,716,277 


9,093,115 


1,265 


12,734 


4.82 


— 


— 


— 


— 


3,515,760 


164,552 


470,170,763 


22,522,149 


4,165 


9,561 


4.79 


167,871,839 


7,627,353 


4 


4.54 


9,963,720 


469,402 


2,636,680,512 


124,793,566 


15,413 


14,448 


4.73 


509,013,655 


23,096,907 


13 


4.54 


25,616,520 


1,245,958 


151,229,153 


7,558,932 


1,307 


9,908 


5.00 


46,485,484 


1,925,796 


1 


4.14 


2,276,280 


111,491 


2,550,180 


141,147 


71 


2,993 


5.53 


— 


— 


— 


— 


250,560 


12,289 


7,604,995 


407,809 


144 


4,559 


5.36 














357,480 


17,562 


39,475,218 


2,032,164 


406 


8,680 


5.15 


— 


— 


— 


— 


1,116,360 


54,833 


7,931,848 


423,518 


127 


5,418 


5.34 


— 


— 


— 


— 


200,880 


9,896 


37,335,110 


1,950,792 


571 


5,566 


5.23 


— 


— 


— 


— 


794,520 


39,066 


6,944,149 


390,944 


172 


3,529 


5.63 


— 


— 


— 


— 


187,200 


9,581 


94,518,975 


4,823,001 


1,093 


7,307 


5.10 














2,103,480 


102,019 


38,338,233 


1,875,903 


274 


11,833 


4.89 


— 


— 


— 


— 


657,000 


32,461 


65,747,217 


3,164,113 


509 


10,476 


4.81 


— 


— 


— 


— 


393,120 


18,840 


362,052,620 


17,517,893 


3,313 


9,298 


4.84 


39,588,000 


1,766,340 


1 


4.46 


6,988,320 


329,422 


17,881,922 


966,917 


272 


5,623 


5.41 


— 


— 


— 


— 


415,440 


20,521 


228,191,745 


11,721,413 


1,705 


11,885 


5.14 














3,716,280 


189,322 


22,138,197 


1,237,540 


423 


4,382 


5.59 


— 


— 


— 


— 


716,040 


37,567 


3,474,708 


195,511 


69 


4,387 


5.63 


— 


— 


— 


— 


158,760 


8,177 


22,478,130 


1,061,135 


187 


10,017 


4.72 


24,230,400 


1,130,671 


1 


4.67 


435,960 


20,501 


1,645,970 


97,660 


83 


1,673 


5.93 


— 


— 


— 


— 


63,360 


3,172 


10^,357,992 


5,565,653 


937 


9,799 


5.18 


42,702,203 


1,645,703 


1 


3.85 


1,672,920 


82,992 


28,966,999 


1,402,971 


331 


7,382 


4.84 


— 


— 


— 


— 


703,800 


32,730 


167,392,995 


7,673,769 


523 


26,981 


4.58 


— 


— 


— 


— 


1,330,200 


64,802 


3,992,477 


255,333 


46 


7,233 


6.40 


— 


— 


— 


— 


203,760 


9,662 


7,088,136 


368,375 


142 


4,249 


5.20 


— 


— 


— 


— 


259,920 


12,573 


27,479,775 


1,421,548 


319 


7,293 


5.17 














421,920 


20,710 


110,350 


6,777 


8 


1,149 


6.14 


— 


— 


— 


— 


38,880 


1,988 


4,129,694 


234,287 


95 


3,247 


5.67 


— 


— 


— 


— 


178,560 


9,211 


3,069,158 


170,928 


33 


7,750 


5.57 


— 


— 


— 


— 


102,960 


5,336 


45,580,276 


2,416,120 


559 


6,844 


5.30 


— 


— 


— 


— 


1,253,520 


62,193 


302,525,278 


16,229,236 


2,746 


9,813 


5.36 














4,565,160 


236,622 


14,683,936 


802,930 


223 


5,463 


5.47 


— 


— 


— 


— 


621,000 


31,132 


1,761,745 


100,099 


53 


2,770 


5.68 


— 


— 


— 


— 


77,760 


3,910 


14,801,905 


842,160 


207 


6,017 


5.69 


— 


— 


— 


— 


560,520 


29,838 


3,153,465 


176,977 


97 


2,826 


5.61 


— 


— 


— 


— 


310,680 


15,644 


3,637,081 


209,143 


92 


3,294 


5.75 














204,840 


10,426 


1,424,400 


79,936 


24 


4,946 


5.61 


— 


— 


— 


— 


56,160 


2,952 


2,765,360 


161,620 


48 


4,609 


5.84 


— 


— 


— 


— 


178,920 


9,567 


21,357,221 


1,171,107 


362 


5,144 


5.48 


— 


— 


— 


— 


664,560 


33,508 


231,990,530 


12,061,961 


1,976 


9,833 


5.20 


132,053,320 


5,107,983 


2 


3.87 


6,360,840 


321,668 



246 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue 



Customers 



Mthly. 
Use 
per 

Cust. 



Scarborough 

Schreiber Twp 

Scugog 

Seaforth 

Shelburne 

Simcoe 

Sioux Lookout 

Smiths Falls 

South Dumfries 

South River 

South West Oxford. 

Southampton 

Springfield 

St. Catharines 

St. Clair Beach 

St. Marys 

St. Thomas 

Stayner 

Stirling 

Stoney Creek 

Stratford 

Strathroy 

Sturgeon Falls 

Sudbury 

Sundridge 

Tara 

Tecumseh 

Teeswater 

Terrace Bay Twp. .. 
Thamesville 

Thedford 

Thessalon 

Thornbury 

Thorndale 

Thornton 

Thorold 

Thunder Bay 

Tilbury 

Tillsonburg 

Toronto 



kW.h 
4,324,603,992 
21,265,029 
42,942,836 
19,356,122 
29,254,380 

177,025,232 

,35,902,798 

109,706,004 

11,983,708 

10,064,336 

22,391,495 

33,939,798 

3,472,810 

1,775,884,885 

21,742,184 

54,753,976 

307,133,413 

24,190,460 

17,255,911 

395,037,101 

334,442,830 
94,953,120 
54,932,732 

828,652,729 
10,938,773 

9,188,358 
55,905,260 
11,219,091 
25,248,223 

8,548,205 

6,775,970 
15,568,523 
19,261,239 
2,721,120 
4,531,370 

161,011,737 

1,107,079,455 

68,435,644 

148,005,527 
9,310,202,949 



223,579,241 
1,245,630 
2,391,898 
1,161,138 
1,575,886 

9,245,852 

2,217,056 

5,927,240 

623,911 

548,577 

1,023,065 

1,887,664 

195,807 

87,951,242 

1,249,724 

2,909,158 
16,368,972 

1,396,203 

936,658 

21,336,856 

18,456,990 
5,152,242 
2,950,581 

48,349,722 
605,872 

488,462 
3,144,822 

612,883 
1,420,558 

483,860 

378,428 
953,567 
1,107,335 
172,285 
252,569 

8,584,636 

58,981,129 

3,321,002 

8,036,886 

498,319,234 



124,008 

858 

2,072 

1,054 

1,279 

6,293 

1,406 

4,303 

467 

539 

366 
1,878 

219 

46,869 

1,164 

2,251 
11,356 

1,500 

836 

15,270 

10,686 

3,713 

2,442 

36,988 

476 

384 
3,083 
481 
939 
451 

341 
671 
1,050 
162 
215 

6,872 

44,596 

1,732 

4,536 

214,970 



kW.h 
1,228,447,200 
12,278,422 
25,241,434 
9,370,166 
16,426,650 

61,864,436 

17,539,579 

40,147,197 

4,253,144 

6,198,362 

3,652,050 

22,383,120 

2,599,800 

376,528,221 

14,841,204 

21,976,664 

91,061,591 

14,849,600 

9,630,821 

152,718,644 

101,112,939 
33,664,589 
28,552,317 

394,249,232 
5,802,218 

5,153,705 
31,382,599 

6,095,147 
14,570,164 

3,735,318 

3,122,120 
8,000,591 
10,240,407 
1,366,800 
3,501,450 

55,045,047 

376,750,301 

15,826,959 

40,777,885 

1,619,161,173 



" $ 

66,923,111 

722,795 

1,378,334 

581,856 

902,383 

3,598,135 

1,127,875 

2,326,084 

241,460 

338,001 

216,862 

1,242,714 

143,206 

23,695,085 

868,264 

1,362,754 

5,664,355 

861,462 

532,991 

9,096,791 

6,294,569 

1,984,110 

1,605,259 

23,829,513 

317,347 

270,479 
1,875,649 
333,241 
843,352 
206,379 



498,528 
598,471 
82,283 
185,079 

3,568,194 

22,705,120 

852,446 

2,444,238 
98,216,170 



108,405 

735 

1,732 

892 

1,088 

5,404 
1,186 
3,662 

404 
452 

328 

1,694 

190 

41,759 

1,091 

1,877 
10,017 

1,305 

707 

13,598 

9,472 

3,189 

2,175 

33,325 

378 

312 
2,850 
408 
846 
353 

263 
551 
904 
129 
191 

6,093 

39,795 

1,490 

3,823 

182,660 



kW.h 
951 
1,398 

1,253 

879 

1,273 

967 

1,240 

923 

918 

1,148 

931 
1,111 
1,152 

758 
1,141 

1,001 
760 
972 

1,155 
955 



906 
1,0% 
1,002 
1,310 

1,413 

948 

1,245 

1,434 

879 

993 

1,195 

961 

890 

1,569 

765 
788 
887 
918 
743 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



247 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


. kW.h 


$ 




kW.h 


t 


kW.h 


$ 




e 


kW.h 


$ 


2,664,493,262 


136,063,433 


15,596 


14,697 


5.11 


396,046,570 


16,146,244 


7 


4.08 


35,616,960 


1,752,156 


8,582,687 


462,448 


123 


6,061 


5.39 


— 


— 


— 


— 


403,920 


20,676 


17,231,602 


913,306 


340 


4,325 


5.30 


— 


— 


— 


— 


469,800 


23,258 


9,580,236 


538,311 


162 


4,990 


5.62 


— 


— 


— 


— 


405,720 


20,771 


12,365,130 


633,672 


191 


5,540 


5.12 


— 


— 


— 


— 


462,600 


22,243 


113,226,516 


5,498,252 


889 


10,674 


4.86 














1,934,280 


92,465 


18,032,019 


985,968 


220 


7,022 


5.47 


— 


— 


— 


— 


331,200 


16,859 


68,494,287 


3,384,969 


641 


8,932 


4.94 


— 


— 


— 


— 


1,064,520 


51,277 


7,607,444 


364,461 


63 


10,393 


4.79 


— 


— 


— 


— 


123,120 


5,990 


3,721,974 


192,450 


87 


3,565 


5.17 


— 


— 


— 


— 


144,000 


7,073 


18,525,605 


789,603 


38 


40,626 


4.26 














213,840 


10,374 


10,858,278 


556,826 


184 


4,999 


5.13 


— 


— 


— 


— 


698,400 


33,803 


802,450 


45,476 


29 


2,229 


5.67 


— 


— 


— 


— 


70,560 


3,570 


533,536,273 


27,071,701 


5,104 


8,816 


5.07 


852,360,711 


36,254,382 


6 


4.25 


13,459,680 


657,274 


6,462,140 


322,082 


73 


7,479 


4.98 


— 


— 


— 


— 


438,840 


21,178 


32,365,472 


1,756,461 


374 


7,410 


5.43 














411,840 


20,943 


213,042,062 


10,474,233 


1,339 


13,532 


4.92 


— 


— 


— 


— 


3,029,760 


148,703 


8,957,820 


488,319 


195 


3,828 


5.45 


— 


— 


— 


— 


383,040 


19,526 


7,370,930 


378,678 


129 


4,762 


5.14 


— 


— 


— 


— 


254,160 


12,307 


238,454,937 


11,944,778 


1,672 


12,109 


5.01 


— 


— 


— 


— 


3,863,520 


188,984 


230,158,291 


11,951,288 


1,214 


16,077 


5.19 














3,171,600 


162,097 


60,341,731 


3,036,593 


524 


9,997 


5.03 


— 


— 


— 


— 


946,800 


46,139 


25,656,455 


1,272,937 


267 


8,068 


4.96 


— 


— 


— 


— 


723,960 


34,866 


426,017,657 


23,852,442 


3,663 


9,603 


5.60 


— 


— 


— 


— 


8,385,840 


460,767 


4,964,475 


269,355 


98 


4,221 


5.43 


— 


— 


— 


— 


172,080 


8,752 


3,870,493 


196,952 


72 


4,543 


5.09 














164,160 


8,074 


23,718,781 


1,190,708 


233 


8,785 


5.02 


— 


— 


— 


— 


803,880 


39,465 


4,954,024 


257,528 


73 


5,655 


5.20 


— 


— 


— 


— 


169,920 


8,285 


10,433,619 


541,112 


93 


9,349 


5.19 


— 


— 


— 


— 


244,440 


12,060 


4,567,007 


265,358 


98 


3,884 


5.81 


— 


— 


— 


— 


245,880 


12,523 


3,472,770 


185,537 


78 


3,758 


5.34 














181,080 


8,961 


7,240,692 


431,183 


120 


4,866 


5.95 


— 


— 


— 


— 


327,240 


17,428 


8,562,912 


460,346 


146 


4,888 


5.38 


— 


— 


— 


— 


457,920 


23,086 


1,302,480 


82,269 


33 


3,289 


6.32 


— 


— 


— 


— 


51,840 


2,633 


966,200 


48,396 


24 


3,355 


5.01 


— 


— 


— 


— 


63,720 


3,044 


104,146,530 


4,924,379 


779 


11,360 


4.73 














1,820,160 


90,300 


691,018,737 


34,207,331 


4,800 


12,226 


4.95 


25,556,257 


1,365,162 


1 


5.34 


13,754,160 


670,130 


51,976,165 


2,404,831 


242 


18,047 


4.63 


— 


— 


— 


— 


632,520 


29,125 


105,640,042 


5,388,144 


713 


12,722 


5.10 


— 


— 


— 


— 


1,587,600 


79,168 


5,817,681,006 


317,397,690 


32,279 


15,040 


5.46 


1,807,821,637 


83,575,717 


31 


4.62 


65,539,133 


3,007,617 



248 



Municipal Electrical Utilities 

MUNICIPAL UTILITY ELECTRICITY 
For the Year Ended 



Municipality 



Total 
Sales 



Total 
Revenue 



Total 
Custo- 
mers 



Residential Service 



Sales 



Revenue 



Customers 



Mthly. 
Use 
per 

Cust. 



Tottenham 

Trenton 

Tweed 

Uxbridge 

Vankleek Hill 

Vaughan 

Victoria Harbour 

Walkerton 

Wallaceburg 

Wardsville 

Warkworth 

Wasaga Beach 

Waterloo North 

Watford 

Waubaushene 

Webbwood 

Welland 

Wellington 

West Lincoln 

West Lome 

Westminster Twp 

Westport 

Wheatley 

Whitby 

Whitchurch Stouffville 

Wiarton 

Williamsburg 

Winchester 

Windsor 

Wingham 

Woodstock 

Woodville 

Wyoming 

York 

Zorra 

Zurich 

Total 



kW.h 
32,499,278 
298,680,844 
17,366,174 
30,147,623 
18,248,824 

1,115,244,015 

10,494,075 

62,814,514 

215,619,384 

3,096,077 

6,170,805 
76,852,529 
967,942,433 
13,089,964 
7,167,850 

3,882,579 
392,687,959 
12,935,008 
10,061,716 
15,867,424 

17,658,403 
8,490,097 
13,545,191 
467,773,551 
75,592,992 

24,129,675 

3,102,822 

36,998,565 

2,712,491,602 

36,316,810 

325,963,253 
5,972,910 

12,138,810 
958,238,371 

25,721,351 

8,088,145 
85,232,130,115 



$ 

1,779,525 

13,843,554 

929,013 

1,717,168 

1,062,420 

61,742,274 

647,118 

3,003,322 

10,903,941 

166,214 

374,114 

4,670,401 

52,109,388 

766,338 

421,570 

247,227 
21,045,494 
680,711 
599,399 
913,024 

1,003,670 

493,052 

770,478 

24,494,136 

4,102,846 

1,356,265 

184,579 

1,892,172 

136,701,789 

2,082,180 

17,204,231 
323,080 
664,525 

48,433,421 
1,243,944 

462,301 
4,405,689,483 



1,129 

6,217 
833 

1,382 
867 

32,430 

665 

2,068 

4,665 

198 

322 

5,908 

30,770 

678 

508 

212 
17,913 
637 
581 
597 

1,075 

391 

649 

16,669 

2,926 

1,041 

188 

1,036 

68,454 

1,479 

11,180 
303 
751 

35,159 
900 

402 
2,592,809 



kW.h 

10,645,200 

66,959,888 

9,180,163 
13,281,844 
11,661,836 

298,056,298 

7,708,347 

25,536,845 

40,526,560 

1,510,161 

3,902,915 

55,382,486 

320,872,714 

5,954,690 

5,626,816 

2,599,661 
126,792,482 
7,045,500 
4,190,290 
5,156,574 

11,624,168 

4,722,617 

6,379,923 

195,393,033 

29,867,905 

12,743,355 

1,895,950 

12,533,639 

607,759,647 

18,120,085 

99,152,105 

3,676,670 

6,636,800 

300,932,585 

11,645,159 

4,979,235 
24,754,756,140 



$ 

632,242 
3,694,371 
499,653 
756,496 
660,807 

18,028,603 

462,713 

1,439,967 

2,433,706 

81,968 

231,628 

3,449,403 

18,688,240 

368,748 

325,617 

163,247 
7,631,352 
390,239 
263,961 
319,940 

672,785 

275,918 

377,082 

11,117,160 

1,740,944 

740,073 

112,079 

682,090 

35,652,574 

1,060,467 

5,763,887 
196,068 
369,953 

16,696,253 
601,454 

283,566 

,424,737,173 



5,383 

682 

1,122 

744 

26,454 

602 

1,785 

4,096 

141 

248 
5,360 

25,842 
554 
467 

184 
15,923 
538 
465 
505 

930 

307 

533 

15,116 

2,588 

841 

155 

867 

60,623 

1,273 

9,948 

256 

652 

31,100 

759 

321 

2,274,782 



kW.h 
944 
1,049 
1,127 
1,003 
1,315 

979 

1,085 

1,202 

831 

899 

1,322 
880 

1,064 
896 

1,011 

1,184 

682 

1,097 

767 
853 

1,042 
1,303 

999 
1,114 

967 

1,279 
1,013 
1,198 

838 
1,237 

850 

1,221 

863 

809 

1,285 

1,309 
920 



Statement D 

SALES, REVENUE AND CUSTOMERS 
December 31, 1988 



249 





General Service 




General Service 








(under 5,000 kW) 




(over 5,000 kW) 


Street Lighting 








Mthly. 






















Use 


Rev. 








Rev. 










Custo- 


per 


per 






Custo- 


per 






Sales 


Revenue 


mers 


Cust. 


kW.h 


Sales 


Revenue 


mers 


kW.h 


Sales 


Revenue 


. kW.h 


$ 




kW.h 


<t 


kW.h 


$ 




<t 


kW.h 


$ 


21,616,838 


1,111,737 


145 


13,246 


5.14 


— 


— 


— 


— 


237,240 


12,059 


132,863,516 


6,246,226 


833 


13,585 


4.70 


96,909,120 


3,855,382 


1 


3.98 


1,948,320 


92,334 


7,944,091 


413,402 


151 


4,355 


5.20 


— 


— 


— 


— 


241,920 


11,558 


16,591,099 


907,397 


260 


5,422 


5.47 


— 


— 


— 


— 


274,680 


13,849 


6,265,868 


347,241 


123 


4,280 


5.54 


— 


— 


— 


— 


321,120 


15,876 


783,921,057 


41,176,281 


5,975 


11,888 


5.25 


28,509,620 


1,334,002 


1 


4.68 


4,757,040 


242,608 


2,574,048 


142,619 


63 


3,352 


5.54 


— 


— 


— 


— 


211,680 


10,766 


36,746,309 


1,803,051 


283 


10,936 


4.91 


— 


— 


— 


— 


531,360 


25,402 


136,347,011 


6,550,725 


568 


20,473 


4.80 


36,758,973 


1,768,553 


1 


4.81 


1,986,840 


98,357 


1,491,956 


77,040 


57 


2,144 


5.16 


— 


— 


— 


— 


93,960 


4,506 


2,133,970 


126,614 


74 


2,436 


5.93 














133,920 


6,957 


20,346,483 


1,117,550 


548 


3,175 


5.49 


— 


— 


— 


— 


1,123,560 


55,610 


584,538,716 


30,118,425 


4,927 


10,178 


5.15 


55,523,243 


2,490,060 


1 


4.48 


7,007,760 


354,663 


6,984,074 


383,792 


124 


4,656 


5.50 


— 


— 


— 


— 


151,200 


7,698 


1,424,394 


75,496 


41 


2,895 


5.30 


— 


— 


— 


— 


116,640 


5,702 


1,196,878 


72,804 


28 


3,325 


6.08 








_ 





86,040 


4,660 


207,685,033 


10,307,750 


1,987 


7,709 


4.96 


52,400,044 


2,579,360 


3 


4.92 


5,810,400 


281,810 


5,800,588 


296,707 


99 


5,198 


5.12 


— 


— 


— 


— 


88,920 


4,350 


5,706,546 


321,725 


116 


4,135 


5.64 


— 


— 


— 


— 


164,880 


8,475 


10,451,650 


568,595 


92 


9,786 


5.44 


— 


— 


— 


— 


259,200 


13,389 


5,720,675 


305,469 


145 


3,288 


5.34 














313,560 


15,416 


3,684,680 


206,646 


84 


3,655 


5.61 


— 


— 


— 


— 


82,800 


4,283 


6,999,308 


381,708 


116 


5,028 


5.45 


— 


— 


— 


— 


165,960 


8,517 


267,051,078 


12,831,394 


1,553 


14,846 


4.80 


— 


— 


— 


— 


5,329,440 


257,213 


45,015,527 


2,228,273 


338 


11,333 


4.95 


— 


— 


— 


— 


709,560 


36,129 


11,001,120 


594,756 


200 


4,654 


5.41 














385,200 


19,459 


1,179,152 


68,374 


33 


2,978 


5.80 


— 


— 


— 


— 


27,720 


1,403 


24,147,046 


1,155,908 


169 


12,421 


4.79 


— 


— 


— 


— 


317,880 


15,480 


1,209,380,895 


61,673,041 


7,824 


12,952 


5.10 


881,531,380 


37,340,210 


7 


4.24 


13,819,680 


700,964 


17,824,845 


953,458 


206 


7,502 


5.35 


— 


— 


— 


— 


371,880 


18,920 


205,481,580 


9,930,475 


1,231 


13,346 


4.83 


18,539,928 


1,068,193 


1 


5.76 


2,789,640 


135,291 


2,211,280 


112,547 


47 


3,761 


5.09 


— 


— 


— 


— 


84,960 


4,165 


5,305,810 


280,657 


99 


4,558 


5.29 


— 


— 


— 


— 


196,200 


9,715 


490,086,996 


24,951,833 


4,057 


10,177 


5.09 


161,972,870 


6,419,212 


2 


3.96 


5,245,920 


264,186 


13,808,352 


613,434 


141 


7,991 


4.44 


— 


— 


— 


— 


267,840 


11,941 


3,007,390 


165,666 


81 


3,133 


5.51 














101,520 


5,069 


47,817,823,418 


2,412,191,188 


317,878 


12,776 


5.04 


11,987,843,100 


503,832,858 


149 


4.20 


671,707,457 


32,744,236 



250 



GS 



Index 
LIST OF ABBREVIATIONS 



Generating Station 



kV — kilovolt(s) 

kVA — kilovolt-ampere(s) 

kW • h — kilowatt-hour(s) 



min — minimum 
— minute 

MW — megawatt 

NPD — Nuclear Power Demonstration 

TS — Transformer Station 



MEU — Municipal Electric Utilities Twp — Township 



INDEX 

In this index, all page references to tables or graphs are in italic type. No references are given for the 
alphabetically arranged listings of municipalities either in Ontario Hydro's financial statements or in 
statements A, B, C and D. 



Abitibi Canyon GS 17 

—River 17 

Accounting policies 32 

— Advance payments of fuel supplies 35 

— Commissioning energy 35 

— Depreciation 34 

— Fixed Assets 33 

— Foreign currency translation 36 

— Fuel for electric generation 35 

— Nuclear agreement — Pickering units 1 & 2 

37 

— Pension plan 37 

— Procedures, uniform for MEU 100 

— Rate setting 32 

— Research and development 38 

— Unamortized items 36,47 

Acid gas emissions 5,11,22 

Administration expense 25 

AECB see Atomic Energy Control Board 
AECL see Atomic Energy of Canada Limited 

Aguasabon GS 17 

—River 17 

Alexander GS 17 

Algoma Area 94 

Alliston Area 94 

Appropriation 

—debt retirement 21,39,42 

— stabilization of rates and 

contingencies 32,39,41,42 

Area offices, number of 2,90 

Arnprior Area 93 

— GS 16 

Assets of Ontario Hydro 

see also Financial Statements 

—fixed, of the MEU 97,102-229 

—total, of the MEU 100,202-229 

Assistance for rural construction 41 

Atikokan GS 16 

Atomic Energy Control Board 6,10 

Atomic Energy of Canada 

Limited 25,37,44,49 

Aubrey Falls GS 17 

Audit of MEU accounts 100 



Average 

— consumption per customer,See Energy sales 

— number of employees 2,3 



B 



Balance sheet, Ontario Hydro 40-41 

— sheets, municipal 102-229 

Bancroft Area 93 

Barrett Chute GS 16 

Beachville Area 93 

Beck, Sir Adam,— Niagara No. 1 GS 16 

—Sir Adam,— Niagara No. 2 GS 16 

— Pumping— Generating Station 16 

Board of Directors 1,32 

— committees of 2 

Bonds and notes payable . .2,3,28,41,48,59-62 
—issued by Ontario Hydro . . .28,41,48,59-62 
see also Financial Statements 

— guarantee of 1 ,48 

— other long-term debt 48,49 

—retired 28 

Books of accounts of MEU 100 

Bracebridge Area 94 

Brockville Area 93 

Bruce 

— GS 26,50 

—Heavy Water Plant A 49,50 

—Heavy Water Plant D 47,50 



Cameron Falls GS 17 

Canadian currency bonds 28,48,59,61 

Canadian Standards Association 1 

CANDU 5,7 

Capacity, dependable, of hydraulic 

resources 15 

— dependable peak 2,3 

defined 14 

sources of purchased power 17 

— in-service 15-17 

— of combustion-turbines in-service 16 

— of Ontario Hydro resources 2,3,15-17 

— total system 2,3,15 



Index 



Capital construction program 10 

— expenditures 2,3,27 

— investment 

see Financial Statements 

—investment of the MEU 102-229 

Caribou Falls GS 17 

Central Region 93 

Charges allocated to customers 

— contract municipalities 1 ,66-81 

— for primary power 63-81 

Chat Falls GS 16 

Chenaux GS 16 

Classes of rural service denned 90-92 

Clinton Area 93 

Cobden Area 93 

Co-generation 9 

Combustion-turbine units 16 

Construction program 10,46 

Corporation 1 

Cost allocated to customers 1,59,63,64 

— contract municipalities 1 ,66-81 

— of fixed assets in service 2,3,56,57 

—of fuel 24,40 

— of operation 1,39 

— of power supplied to MEU defined 1 

— of primary power 63,64 

adjustments, annual 66-81 

statement of 

— providing service 1 ,32 

— purchased power 39 

see also Financial Statements cost 

— Ontario Hydro 39 

Costing load of the municipalities 66-81 

Costs 

— administration 1,25 

—of Ontario Hydro 1,22,26 

— of operation and maintenance 25 

— of Heavy Water 33 

— average per kW.h by type of generation . 54 

Current assets 40 

Customers 1,2,3,18-20,90-92,93,94,99 

—direct 1,18-20,92,96 

—farm 90,93,94 

— general service 90,95,94,96 

—residential 90,95,94,95,97,99 

—retail 1,20,90,97,92 

—street lighting 96,97,99 

— number of 1,2,5,20 

—direct 1^0,92,96 

—farm 93-95 

—municipal 2,5,20,97 

—retail 20,95-95 

—served by MEU 20,97,99 

— ultimate served 1,2,5,20 



Darlington GS 7,10,27,46 

Debt from borrowings 

28,29,36,47,45, 48, 49,59-62 

— debenture, MEU 

see Municipal electrical utilities debt 
— long-term of Ontario Hydro 

see Financial Statements liabilities 
—of the MEU 



251 

see Municipal electrical utilities debt 

—payable in US funds 48,49,61,62 

— retirement 29,41-43 

— appropriation 32,59 

DeCew Falls GS No. 1 16 

DeCew Falls GS No. 2 16 

Demand charge 64 

— primary energy 63 

— primary peak 64 

Demands and resources 2,3,4,15-17 

Dependable peak capacity 2,5,14,75-77 

Depreciation 25,34,35,59,40,44,55,58 

— accumulated 40,58 

—MEU 

see Municipal electrical utilities 
— Ontario Hydro 

see Financial Statements 

—expense 25,34,35,59,44,54 

— rates 34,35 

Description of main classes of retail 

service 90-92 

Des Joachims GS 16 

Diesel-electric generation 16 

Direct customers 

see Customers, direct 
Distribution facilities, Ontario 

Hydro-owned 56-58 

Diversity, power 15-17 

Dryden Area 94 

Dundas Area 93 

E 

East Elgin Area 93 

Eastern Region 93 

Electricity sales 
see Sales, electricity 

— price of 1 

Employees, number of 2,3 

Energy 

—Board 32 

— charge 65,64 

—delivered by Ontario Hydro to MEU .18,19 

— deliveries from Manitoba 4,17 

— deliveries from Quebec 4,77 

— generated and received 2,3,15-17 

— Minister 32 

— primary, delivered to interconnected 

utilities 2,3,18-19 

— primary demands 2,3,15 

— primary supplied 2,3,15,18-19 

— produced 

by hydro-electric generating 

stations 4,15-17,24 

by nuclear generating stations . . 4 ,15, 16, 24 

by thermal-electric units 4,75,76,24 

for commercial load 18,19 

— purchased 15,17,24 

by MEU 18,19 

—sales 2,3,18,19,22,23 

average per customer 

farm service 95 

general service 96,99 

municipal service 99 

rural service 95,96 



252 Index 

—primary 2,3,18,19 

to direct industrial customers .... 18,19,96 

to municipalities 18,19 

to rural customers 18,19 

— secondary 2,5,15,18,19 

—supplied 2,3,15,18,19 

to direct industrial customers .... 18,19,96 

to interconnected systems 2,3,18,19 

to MEU 18 

to rural customers 19 

English River 17 

Environment 11 

Equipment purchased 12 

Equities accumulated through debt retirement 
appropriations and interest . . . 41,42,82-89 
Equity of MEU in Ontario Hydro 

system 100,702-229 

Essex Area 93 

Eurodollars 62 

Evaluation of the Pension Fund 52 

Expenditures on fixed assets . . . 2,3,21,56,57 
see also Financial Statements 
assets, fixed 
Expense of the MEU 
see Municipal electrical utilities 
expense 
Export of Power 3,22,23,44 



General service customers 

see Customers, general service 
Generating capacity 

— stations added 10,27 

— stations, number of 1 

— cancelled or mothballed 77,47 

see also individual listings 

see also Financial Statements 

Generation development 10,27,46 

Georgian Bay Region 94 

Government of Ontario 1 

Guelph Area 93 

H 

Harmon GS 17 

Head Office 2 

Hearn, Richard L., GS 16 

Holden, Otto, GS 16 

Huntsville Area 94 

Huronia Area 94 

Hydro-electric energy generated . .4,16,17,24 

— cost of 54 

— generating facilities 16-17 

— production 4,15-17 

— resources 16,17 

Hydro-Quebec 4,17 



Farm customers 

see Customers 

—service 90,91 

Fenelon Falls Area 93 

Finance 21 

Financial indicators 27,53 

— operations of MEU 1 

Financial Statements 39-52,102-229 

—assets 40,102-229 

—assets, fixed 27,33,40,43,45,46,53,56,57 

— assistance, provincial 41 

— balance sheet 40,41 

—bonds payable 41,48,49,59-62 

— cost of power 39,66 81 

— cost of providing service 39 

—depreciation 25,34,35,39,44,53,54,55 

—equities 41,42,82-89 

— accumulated through debt 

retirement 42,82-89 

— funded debt, see bonds payable 

— liabilities 41 

— net income 39 

— appropriations 39 

— operations, financial, statement of 39 

— reserve appropriation 39,41 

—revenue 22,23,39,53,54 

— stabilization of rates 39,41,42 

Fixed Assets 27,33,40,43,45,46,49,50,53,56,57 

investment in, MEU 100,702-229 

Foreign currency translation 36,39,45 

Fort Frances Area 94 

Frankford Area 93 

Fuel 

—costs 24,35,39,40,46,47 

— generation of electricity 5,35,40,47 



I 



Income, net of Ontario Hydro . . . 22,27,39,53 

appropriations from 39 

Industrial customers 
see Customers, direct 

Interconnected utilities 3 

Interest expense 25,26,39,45 

Interruptible load 14,75 

Investments 40 



J. Clark Keith GS 
see Keith, J. Clark, GS 



Kaministikwia River 77 

Kapuskasing Area 94 

Keith, J. Clark, GS 76 

Kenora Area 94 

Kent Area 93 

Kingston Area 93 

KiplingGS 77 

Kirkland Lake Area 94 

L 

Lakeshore Area 93 

Lakeview GS 5,76 

Lambton Area 93 

— GS 5,76 

Lennox GS 76,46 

Liabilities, long-term 
see Financial Statements 



Index 

—bonds payable 28,43,45,49,59-62 

Lieutenant Governor 1 

Lincoln Area 93 

Load 

— growth 3 

Long-term debt 28,41,43,48,49 

see Financial Statements 

ofMEU 102-229 

Lower Notch GS 17 

M 

Madawaska River 16 

Manitoba Hydro-Electric System 4,17 

Manitou Falls GS 17 

Manitoulin Area 94 

Materials purchased 12 

Mattagami River 17 

Minden Area 94 

Miscellaneous revenue of MEU 97 

Mississagi River 17 

Montreal River 17 

Mothballed (non-operating) 

Facilities 77,33,46 

Mountain Chute GS 16 

Municipal distribution system 

— electrical service supplement 97 

— electrical utilities 1 ,97-229 

accounts 97-100,702-229 

assets, fixed, at cost 100,702-229 

audit 100 

equity 100 

cost, average per kW.h 66-81 

— of power 63-81 

customers served 97,99,102-249 

debt 100,702-229 

depreciation 100,702-229 

energy sales 18,99,232-249 

equity in Ontario Hydro system 100,102-249 

expense 98,102-229 

financial operations 100,102-229 

general service 231,232-249 

income, see revenue 

net income 100,702-229 

number of 2,3,97 

power supplied 66-81 

relationship to Ontario Hydro 1 

residential service 97,99,232-249 

revenue 97,99,102-229 

N 

Nanticoke GS 16 

Net revenue of MEU 97,102-229 

New Business Ventures 8 

New Liskeard Area 94 

Newmarket Area 93 

Niagara River 16 

Nipigon River 17 

North Bay Area 94 

Northeastern Region 94 

Northwestern Region 94 

Nuclear 

— agreement 25,37,39,44 

— capacity in construction program . . . .70,46 



253 

—fuel 5,24,46 

—irradiated fuel 35,47,44,49,50 

— Power Demonstration GS 16 

— plant decommissioning 49,50 

— safety 7 

Nuclear-electric production 15,16,24 

— cost of 54 

— stations 16 

Number of 

— employees, average in year 2,3 

— retail customers served 20,93-96 

— ultimate customers served 1,2,3,20 



Ontario 

— Energy Board 32 

— Hydro distribution 

facilities 1,2,3,20,34,56,57 

— Minister of Energy 32 

— Nuclear Cost Review 6 

—Power GS 76 

Operation expense 25,39,53,54 

Operations 

— statement of, municipal 

see also Municipal electrical 

utilities, financial operations 
— statement of, Ontario Hydro 

see also Financial Statements, Operations 

Orangeville Area 94 

Ottawa River 76 

Otter Rapids GS 77 

Output of hydro-electric stations 75-77 

Owen Sound Area 94 

P 

Parry Sound Area 94 

PCBs 12 

Peak demand 2,3,75 

Penetanguishene Area 94 

Pension Plan 37,52 

Perth Area 93 

Peterborough Area 93 

Petrosar Limited 47 

Photovoltaic System 11 

Pickering GS 5,6,16,25,37,44,50 

Picton Area 93 

Pine Portage GS 77 

Power 

— Corporation Act 1 ,32 

— development program 10,27 

—District 90 

—primary 2,3,15,39,53,63 

—purchase 4,75,77,24,39,44 

— requirements 2,3,15 

— resources 76,77,24 

Program of capital construction 10,46 

Progress on power developments 10 

Provincial Government 1,37,41,44,62 

Provision for depreciation . . . .25,34,35,39,44 
— for reserve for stabilization of rates and 

contingencies 32,39,47,42,63 

Purchased energy 4,75,77,24,39,44 



254 



Index 



Quebec Hydro 
see Hydro-Quebec 



R 



Rates 

— increases, wholesale 54 

— review 32 

Rayner, George W., GS 17 

Red Rock Falls GS 17 

Regulatory powers 1 

Requirements 

— energy 2,3,17 

— power 2,3,17 

— primary energy 2,3,17 

Research activities 12,38 

Reserve 

— capacity 15 

— for stabilization of rates and 

contingencies 32,39,41,42,63 

— see also Financial Statements 

Reserves of power 15 

Residential service 90 

— municipal systems 97-99,232-249 

—retail 90-92,93-96 

—revenue of MEU 97-99,102-229 

Resources 
see also Capacity, dependable peak 

— hydro-electric 15-17 

— nuclear 15-17 

— thermal-electric 15-17 

Retail 

— classes of service defined 90-92 

— customers of Ontario Hydro, 

number of 1,2,5,20,93-96 

— customers of MEU 

20,97,99,102-229,232-249 

— distribution facilities 2,3,20 

— distribution of electricity 1,90 

— energy consumption 18,19 

— service 1 

by MEU 97,99,232-249 

by Ontario Hydro 1,2,3,90-96 

Revenue 

—of Ontario Hydro 2,3,22,23,39,53 

from direct customers 39,53 

from export of secondary 

energy 2,3,22,23,39,44,53 

from MEU 39,53 

from rural customers 39,53 

from sales of power and energy . . . 22,39,53 
from sales to interconnected 

systems 2,3,23,39,44 

perkW.h 54,95,96 

-of MEU 97,99,102-229 

perkW.h 54,99,232-249 

retail 97,99,232-249 

Revised Statutes of Ontario 1 

Richard L. Hearn GS 

see Hearn, Richard L. , GS 
Rural assistance 41 



St. Lawrence River 16 

Sales, electricity 

—municipal 18,97,99,232-249 

—retail 19,95,96 

—of energy 2,3, 18,19,95, 96,99 

— of secondary energy 2,3,15,19,44 

Saunders, Robert H., St. Lawrence GS . . .16 
Secondary energy 2,3,15,19,44 

revenue 23,39,44,53 

Select Committee on Energy 9 

Silver Falls GS 17 

Simcoe Area 93 

Stabilization of rates and contingencies 

reserve 32,39,41,42 

Staff 2,3 

Standard accounting system of MEU .... 100 

Stewartville GS 16 

Strathroy Area 93 

Street lighting revenue 96, 97, 99, 232-249 

Sudbury Area 94 

Supply 12 



Thermal-electric (Fossil) 

— cost of 54 

— energy generated 4,15,16 

— generating stations 16 

— production 4,15,16,24 

— resources 16 

Thunder Bay Area 94 

— GS 16 

Timmins Area 94 

Toronto Power GS 16 

Transformer stations 10 

Transmission lines 2,3,10,20 

— in service 2,3,20 

— underground 20 

Transmission projects 10 

Tritium 10 

Tweed Area 93 

U 

Ultimate customers served 1,2,3,20 

Uniform system of acounts for MEU .... 100 

United States currency bonds 29,49,67 

Uranium 5,46,47 

V 

Vankleek Hill Area 93 

W 

Walkerton Area 94 

Warren Area 94 

Welland Canal 16 

Wells GS 17 

Wesleyville GS 47 

Western Region 93 

Whitedog Falls GS 17 

Winchester Area 93 



Index 255 



Wind energy 11 

Winnipeg River 17 

Y 

Year-round residential services . . 90,95,94,95 




ONT 

HYDRO 

YRBK 

1988 



ONTARIO HYDRO 
STATISTICAL YEARBOOK